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Fiat Chrysler to pay $30M fine to resolve U.S. criminal labor probe
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Fiat Chrysler s U.S. unit said Wednesday it has reached an agreement to settle a criminal probe by U.S. prosecutors into conduct of some former employees tied to the ongoing United Auto Workers corruption scandal.
FCA U.S., which is now part of Stellantis, said it has agreed to plead guilty to a single count of conspiracy to violate the Labor Management Relations Act and pay a $30 million fine. The automaker has also agreed an independent compliance monitor for three years.
Last month, the UAW agreed to independent oversight to resolve a five-year federal corruption investigation that ensnared two former UAW presidents.
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Fiat Chrysler to plead guilty, pay US$30 million to resolve US criminal labour probe
A Fiat Chrysler Automobiles (FCA) sign is at the US headquarters in Auburn Hills, Michigan, on May 25, 2018. (Photo: REUTERS/Rebecca Cook)
27 Jan 2021 11:55PM (Updated:
28 Jan 2021 01:01AM) Share this content
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WASHINGTON: Fiat Chrysler said Wednesday it had reached an agreement to settle a criminal probe by US prosecutors into alleged illegal payments to former United Auto Workers (UAW) officials by former company employees.
Fiat Chrysler, which is now part of Stellantis NV said it had agreed to plead guilty to a single count of conspiracy to violate the Labor Management Relations Act and pay a US$30 million fine. The automaker has also agreed an independent compliance monitor for three years.
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WASHINGTON (Reuters) - Fiat Chrysler said on Wednesday it will plead guilty to charges it conspired with company executives to make illegal, lavish gifts to United Auto Workers (UAW) leaders and undermined workers’ confidence in collective bargaining.
FILE PHOTO: A Fiat Chrysler Automobiles (FCA) sign is at the U.S. headquarters in Auburn Hills, Michigan, U.S. May 25, 2018. REUTERS/Rebecca Cook/File Photo
The Italian-American automaker, which is now part of Stellantis NV, said it reached an agreement with U.S. prosecutors to plead guilty to one count of conspiracy to violate the Labor Management Relations Act and pay a $30 million fine. Fiat Chrysler also agreed to three years of probation and oversight by an independent compliance monitor to ensure it follows federal labor laws.
Fiat Chrysler to pay $30 million to settle U S investigation tied to UAW corruption scandal crainsdetroit.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from crainsdetroit.com Daily Mail and Mail on Sunday newspapers.