Fiat Chrysler Said Under Investigation by Justice Dept.

Fiat Chrysler is under a criminal investigation by the Justice Department for securities fraud. The company faces civil lawsuits for allegedly inflating sales figures. The investigation could have been prompted by civil complaints or a whistleblower. Additionally, Ferrari, a Fiat Chrysler brand, is scrutinized for not reporting fatalities promptly. These issues may or may not be related. The company's stock has been affected, and the investigation is in its early stages, potentially lasting several months to a year.

How has Fiat Chrysler's stock reacted in light of the ongoing investigations?

What is the expected duration of the investigation into Fiat Chrysler according to the sources?