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Violation Tracker Individual Record

Company: Fiat Chrysler Automobiles N.V.
Current Parent Company: Stellantis
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
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Penalty: $40,000,000
Year: 2019
Date: September 27, 2019
Offense Group: financial offenses
Primary Offense: accounting fraud or deficiencies
Violation Description: Michigan-based automaker FCA US LLC and its parent company Fiat Chrysler Automobiles N.V. agreed to pay $40 million to settle allegations that the company misled investors about the number of new vehicles sold each month to customers in the United States.
Level of Government: federal
Action Type: agency action
Agency: Securities and Exchange Commission
Civil or Criminal Case: civil
HQ Country of Current Parent: Netherlands
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: motor vehicles
Specific Industry of Current Parent: motor vehicles
Source of Data: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.