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09-27-2019, 04:37 PM
Filed under: Earnings/Financials (https://www.autoblog.com/category/earnings-financials/),Chrysler (https://www.autoblog.com/chrysler),Fiat (https://www.autoblog.com/fiat)
https://o.aolcdn.com/images/dims3/GLOB/crop/2802x1576+0+130/resize/800x450!/format/jpg/quality/85/https://media-mbst-pub-ue1.s3.amazonaws.com/creatr-images/2019-09/64bc95e0-dead-11e9-b2b6-a44065666806 Fiat Chrysler is paying $40 million to settle with U.S. securities regulators who say the automaker misled investors by overstating its monthly sales numbers over a five-year period. Fiat Chrysler agreed to pay the civil penalty and to stop violating anti-fraud, reporting and internal accounting control regulations, the SEC said Friday in a statement. "This case underscores the need for companies to truthfully disclose their key performance indicators," Antonia Chion, associate director in theContinue reading Fiat Chrysler to pay $40 million fine for inflating sales numbers (https://www.autoblog.com/2019/09/27/fiat-chrysler-40-million-fine-inflated-sales-figures/)
Fiat Chrysler to pay $40 million fine for inflating sales numbers (https://www.autoblog.com/2019/09/27/fiat-chrysler-40-million-fine-inflated-sales-figures/) originally appeared on Autoblog (https://www.autoblog.com) on Fri, 27 Sep 2019 17:24:00 EDT. Please see our terms for use of feeds (http://www.motorgen.com/rss-term-of-use/).
Permalink (https://www.autoblog.com/2019/09/27/fiat-chrysler-40-million-fine-inflated-sales-figures/) | Email this (https://www.autoblog.com/forward/2173177/) | Comments (https://www.autoblog.com/2019/09/27/fiat-chrysler-40-million-fine-inflated-sales-figures/#comments)
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https://o.aolcdn.com/images/dims3/GLOB/crop/2802x1576+0+130/resize/800x450!/format/jpg/quality/85/https://media-mbst-pub-ue1.s3.amazonaws.com/creatr-images/2019-09/64bc95e0-dead-11e9-b2b6-a44065666806 Fiat Chrysler is paying $40 million to settle with U.S. securities regulators who say the automaker misled investors by overstating its monthly sales numbers over a five-year period. Fiat Chrysler agreed to pay the civil penalty and to stop violating anti-fraud, reporting and internal accounting control regulations, the SEC said Friday in a statement. "This case underscores the need for companies to truthfully disclose their key performance indicators," Antonia Chion, associate director in theContinue reading Fiat Chrysler to pay $40 million fine for inflating sales numbers (https://www.autoblog.com/2019/09/27/fiat-chrysler-40-million-fine-inflated-sales-figures/)
Fiat Chrysler to pay $40 million fine for inflating sales numbers (https://www.autoblog.com/2019/09/27/fiat-chrysler-40-million-fine-inflated-sales-figures/) originally appeared on Autoblog (https://www.autoblog.com) on Fri, 27 Sep 2019 17:24:00 EDT. Please see our terms for use of feeds (http://www.motorgen.com/rss-term-of-use/).
Permalink (https://www.autoblog.com/2019/09/27/fiat-chrysler-40-million-fine-inflated-sales-figures/) | Email this (https://www.autoblog.com/forward/2173177/) | Comments (https://www.autoblog.com/2019/09/27/fiat-chrysler-40-million-fine-inflated-sales-figures/#comments)
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