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STLA Stellantis NV

21.57
-0.91 (-4.05%)
Pre Market
Last Updated: 13:54:31
Delayed by 15 minutes
Share Name Share Symbol Market Type
Stellantis NV NYSE:STLA NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -0.91 -4.05% 21.57 2,524,385 13:54:31

Stellantis Subsidiary Pleads Guilty to US Labor Violation, Will Pay $30 Million Fine

27/01/2021 4:03pm

Dow Jones News


Stellantis NV (NYSE:STLA)
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By Joshua Kirby

 

Fiat Chrysler Automobiles said Wednesday that it has pleaded guilty to a count of conspiracy to violate a U.S. labor law, and agreed to pay a $30 million fine.

The wholly-owned subsidiary of auto maker Stellantis NV said it reached the agreement on the plea and fine with the U.S. Attorney's office following an investigation into the misconduct of former FCA US employees involving the UAW-Chrysler National Training Center, or NTC. The agreement is subject to U.S. federal court approval.

The company said it has also agreed to implement an independent compliance monitor for three years.

It added that the agreement entails the closure of the U.S. Attorney's investigation into FCA US regarding the NTC.

 

Write to Joshua Kirby at joshua.kirby@dowjones.com; @joshualeokirby

 

(END) Dow Jones Newswires

January 27, 2021 10:48 ET (15:48 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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