Stellantis Sued By Shareholders Over Alleged Financial Misrepresentation
Investors Allege Stellantis Hid Financial Issues, Causing A Sharp Stock Drop...
Stellantis, the automaker formed from the merger of Fiat Chrysler Automobiles (FCA) and PSA Group, is facing a shareholder lawsuit in the United States. The legal action accuses the automaker of misleading investors about its financial health, specifically concealing rising inventories and other weaknesses that later led to a significant drop in the company’s stock price.
Stellantis Sued By Shareholders Over Alleged Financial Misrepresentation
Stellantis, the automaker formed from the merger of Fiat Chrysler Automobiles (FCA) and PSA Group, is facing a shareholder lawsuit in the United States. The legal action accuses the automaker of misleading investors about its financial health, specifically concealing rising inventories and other...
moparinsiders.com