Pirnik v. Fiat Chrysler Automobiles N.V., et. al. | Civil No. 15-cv-07199-JMF
Welcome to the Settlement website for Pirnik v. Fiat Chrysler Automobiles N.V., et al. (the “Action”)
Please be advised that the Court-appointed Class Representatives Gary Koopmann, Timothy Kidd and Victor Pirnik (“Plaintiffs”), on behalf of themselves and the Class (as defined in ¶20 below), have reached a proposed settlement of the Action with Defendants Fiat Chrysler Automobiles N.V. (“FCA”), FCA US LLC (“FCA US”), Ronald Iseli and Alessandro Baldi, as co-executors for the estate of Sergio Marchionne (“Marchionne” and the “Estate of Marchionne”), Scott Kunselman (“Kunselman”), Michael Dahl (“Dahl”), Steve Mazure (“Mazure”) and Robert E. Lee (“Lee”; collectively, the “Defendants”) for $110 million in cash that, if approved, will resolve all claims in the Action (“Settlement”). If you are a member of the Settlement Class, your rights will be affected and you may be eligible for a payment from the Settlement. The Settlement Class consists of:
All persons and entities who purchased or otherwise acquired, on a U.S. Exchange or in a transaction in the United States, FCA common stock between October 13, 2014 and May 23, 2017, both dates inclusive, except for certain persons and entities who are excluded from the Settlement Class.
If you are a member of the Settlement Class, in order to be potentially eligible to receive a payment under the proposed settlement, you must submit a Claim Form no later than August 28, 2019. Payments to Authorized Claimants will be made only if the Court approves the Settlement and a Plan of Allocation, and only after any appeals are resolved, and after the completion of all claims processing. Please be patient, as this process will take some time to complete.
The Frequently Asked Questions page of this website has more information on your rights as a Settlement Class Member in this Action.
Please read the Notice and this website to also fully understand your rights and options.