NEW YORK, Jan. 12, 2017 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential securities fraud at Fiat Chrysler Automobiles N.V. ("Fiat Chrysler" or the "Company") (NYSE: FCAU).
The investigation focuses on whether the Company and its executives violated federal securities laws.
Specifically, on January 12, 2017, Reuters disclosed in an article that the U.S. Environmental Protection Agency ("EPA") will accuse the Company "of using software that allowed excess diesel emissions in just over 100,000 U.S. trucks and SUVs sold since 2014." The article further stated that the EPA stated to Fiat Chrysler that "it believes its auxiliary emissions control software allowed vehicles to generate excess pollution in violation of the law."
As a result of this news, the price of Fiat Chrysler shares have significantly declined during intraday trading on January 12, 2017.
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If you invested in Fiat Chrysler stock or options and would like to discuss your legal rights, visit www.faruqilaw.com/FCAU. You can also contact us by calling Richard Gonnello toll free at 877-247-4292 or at 212-983-9330 or by sending an e-mail to firstname.lastname@example.org. Faruqi & Faruqi, LLP also encourages anyone with information regarding Fiat Chrysler's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
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FARUQI & FARUQI, LLP
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Attn: Richard Gonnello, Esq.
Telephone: (877) 247-4292 or (212) 983-9330
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