BOSTON, Jan. 12, 2017
BOSTON, Jan. 12, 2017 /PRNewswire/ -- Block & Leviton LLP (http://www.blockesq.com) announces that it is investigating potential securities fraud claims against Fiat Chrysler Automobiles NV (NYSE: FCAU) ("Fiat Chrysler" or the "Company").
Earlier today, shares of Fiat Chrysler plummeted by more than 11% after the Environmental Protection Agency issued a notice of violation to the Company alleging that it had violated the Clean Air Act by installing secret "defeat device" software in certain vehicles to evade emissions standards.
Block & Leviton LLP—which previously worked as part of the "Dream Team" leading litigation against Volkswagen arising from that company's "clean diesel" scandal—is investigating to determine whether investors may be able to bring claims to recover their losses under the federal securities laws.
If you purchased Fiat Chrysler American Depositary Receipts (ADRs) traded under the ticker symbol FCAU on the New York Stock Exchange before January 12, 2017 and have questions about your legal rights, or if you have information relevant to this investigation, please contact attorney Joel Fleming of Block & Leviton LLP at (617) 398-5600 or at Joel@blockesq.com. Confidentiality for any whistleblowers or other persons with information relevant to the investigation is assured.
Block & Leviton LLP is a Boston-based law firm representing investors nationwide. The firm's lawyers have collectively been prosecuting securities cases on behalf of individual and institutional investors for over 50 years, and have recovered billions of dollars on their behalf.
BLOCK & LEVITON LLP
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SOURCE Block & Leviton LLP