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MarketScreener Homepage  >  Equities  >  Italian Stock Exchange  >  Fiat Chrysler Automobiles    FCA   NL0010877643

FIAT CHRYSLER AUTOMOBILES

(FCA)
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FIAT CHRYSLER SHAREHOLDER ALERT by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Reminds Investors with Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Fiat Chrysler Automobiles N.V. - FCAU

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12/06/2019 | 10:51pm EST

Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until January 31, 2020 to file lead plaintiff applications in a securities class action lawsuit against Fiat Chrysler Automobiles N.V. (NYSE: FCAU), if they purchased the Company’s securities between February 26, 2016 and November 20, 2019, inclusive (the “Class Period”). This action is pending in the United States District Court for the Eastern District of New York.

What You May Do

If you purchased securities of Fiat Chrysler and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email (lewis.kahn@ksfcounsel.com), or visit https://www.ksfcounsel.com/cases/nyse-fcau/ to learn more. If you wish to serve as a lead plaintiff in this class action, you must petition the Court by January 31, 2020.

About the Lawsuit

Fiat Chrysler and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.

On November 20, 2019, General Motors (“GM”) filed a racketeering lawsuit against the Company in federal court alleging that high-level officers of the Company had authorized a bribery scheme with labor union representatives in order to win acceptance of cost concessions in 2011 and 2015 as well as pressure GM into a merger with the Company.

On this news, the price of Fiat Chrysler’s shares plummeted.

The case is Kong v. Fiat Chrysler Automobiles N.V. et al., 1:19-cv-6770.

About Kahn Swick & Foti, LLC

KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation’s premier boutique securities litigation law firms. KSF serves a variety of clients – including public institutional investors, hedge funds, money managers and retail investors – in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, California and Louisiana.

To learn more about KSF, you may visit www.ksfcounsel.com.


© Business Wire 2019
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Financials (EUR)
Sales 2019 108 B
EBIT 2019 6 651 M
Net income 2019 3 441 M
Finance 2019 4 567 M
Yield 2019 5,16%
P/E ratio 2019 5,85x
P/E ratio 2020 4,41x
EV / Sales2019 0,13x
EV / Sales2020 0,14x
Capitalization 19 033 M
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Mean consensus OUTPERFORM
Number of Analysts 21
Average target price 15,76  €
Last Close Price 12,14  €
Spread / Highest target 131%
Spread / Average Target 29,8%
Spread / Lowest Target -9,41%
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Managers
NameTitle
Michael Mark Manley President, Chief Executive Officer & Director
John Jacob Philip Elkann Chairman
Richard Keith Palmer Chief Financial Officer & Executive Director
Harald J. Wester Chief Technology Officer
Andrea Agnelli Non-Executive Director
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