NEW YORK, Jan. 13, 2017
NEW YORK, Jan. 13, 2017 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Fiat Chrysler Automobiles N.V. ("Fiat Chrysler") (NYSE: FCAU). Such investors are advised to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/fcau.
The investigation concerns whether Fiat Chrysler and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.
On January 12, 2017, the Environmental Protection Agency ("EPA") released a "notice of violation" to Fiat Chrysler affecting roughly 104,000 vehicles. Per the notice, the EPA has found that Fiat Chrysler and FCA US LLC "failed to disclose Auxiliary Emission Control Devices (AECDS) in certain" vehicles. The EPA said it has recognized "at least eight undisclosed AECDs in these vehicles." Reuters also reported that the EPA specified to the Company that "it believes its auxiliary emissions control software allowed vehicles to generate excess pollution in violation of the law." Following this news, Fiat Chrysler stock dropped over 10% on January 12, 2017.
If you are aware of any facts relating to this investigation, or purchased Fiat Chrysler shares, you can assist this investigation by visiting the firm's site: www.bgandg.com/fcau. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | firstname.lastname@example.org
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