Glancy Prongay & Murray LLP Files Securities Class Action Lawsuit Against Fiat Chrysler Automobiles N.V.
Glancy Prongay & Murray LLP ("GPM") announces that it has filed a class action lawsuit in the United States District Court for the Eastern District of Michigan on behalf of a class (the "Class") consisting of persons and entities that acquired Fiat Chrysler Automobiles N.V. ("FCA" or the "Company") (NYSE: FCAU) securities between October 16, 2013 and July 18, 2016, inclusive (the "Class Period").
If you are a member of the Class described above, you may move the Court no later than September 27, 2016, to serve as lead plaintiff. Please contact Lesley Portnoy at 888-773-9224 or 310-201-9150, or at email@example.com to discuss this matter.
Throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company's business, operations, and prospects. Specifically, Defendants made false and/or misleading statements and/or failed to disclose: (1) that the Company had not achieved the sales growth originally communicated to investors; (2) that the Company did not in fact achieve a 75 month streak of monthly vehicle sales growth (on a year over year basis); and (3) that, as a result of the foregoing, Defendants' statements about FCA's business, operations, and prospects, were false and misleading and/or lacked a reasonable basis.
To be a member of the Class you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the Class. If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, Esquire, of Glancy Prongay & Murray LLP, 1925 Century Park East, Suite 2100, Los Angeles, California 90067, at (310) 201-9150, by e-mail to firstname.lastname@example.org, or visit our website at http://www.glancylaw.com.
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