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Fiat to plead guilty, pay $30 mn to resolve US criminal labour probe

The automaker has also agreed an independent compliance monitor for three years

Photo: Reuters

Photo: Reuters

Reuters WASHINGTON

WASHINGTON (Reuters) - Fiat Chrysler said Wednesday it has reached an agreement to settle a criminal probe by U.S. prosecutors into conduct of some former employees tied to a United Auto Workers corruption scandal.

Fiat Chrysler, which is now part of Stellantis NV 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. The U.S. Attorney's Office in Detroit said it would unveil more details of the settlement later on Wednesday.

 

 

(Reporting by David Shepardson)

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Jan 27 2021 | 9:39 PM IST

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