Lawyers pounce on FCA

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Class action lawyersKessler Topaz Meltzer & Check, LLPare starting a class action lawsuit against FCA, claiming that thecompany and its executives failed to disclose recall and quality issues so thatits financial statementswere“false and misleading and and/or lacked and reasonable basis.”
The lawsuit affects those who bought Fiat or Fiat Chrysler stock after August 1, 2014 and before July 24, 2015.
Fiat Chrysler stock (FCAU) was under$9 per share when FCA was first formed in October 2014; it is now around $14, having fallen with the Volkswagen-Audi scandal. It has slowly been climbing back.
Over the last year, FCAU has been as low as $8.54 per share and as high as $17.08 per share. (...) →


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