LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) announces an investigation on behalf of investors of Fiat Chrysler Automobiles N.V. ("FCA" or the "Company") (NYSE: FCAU) concerning the Company and its officers’ possible violations of federal securities laws. GPM is preparing a lawsuit on behalf of injured investors.
The investigation concerns whether the Company inflated its performance numbers and incorrectly reported to investors monthly car sales. On July 18, 2016, several media outlets reported that both the Department of Justice and the Securities and Exchange Commission were investigating FCA's sales practices. And, shortly thereafter on July 26, 2016, FCA announced that it had adjusted the way it discloses monthly U.S. vehicle sales, professing that the Company’s "75-month streak of U.S. monthly vehicle sales growth" was false and actually ended at 40 months in September 2013.
If you purchased FCA securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to shareholders@glancylaw.com, or visit our website at http://www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.
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