U.S. Firm Scott + Scott Files Class Action Against Stellantis Over Alleged Emissions Fraud

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U.S. litigation firm Scott + Scott has initiated a cross-border class action lawsuit against Stellantis, alleging that the automotive giant misled investors by not disclosing that it installed emissions-cheating software in its vehicles during the mid-2010s. The claim, which has been filed in Amsterdam’s district court, asserts that the automaker’s failure to disclose this information led to financial losses for investors who purchased or held Fiat Chrysler shares traded on the Milan stock exchange between 2014 and 2017.

Stellantis, which was formed from the 2021 merger of Fiat Chrysler and the French PSA Group, is headquartered in the Netherlands. For more information, please visit this article.

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