High Auto Government Information Lawsuit Towards His Personal Firm
– by Eastautonews.com
As we’ve reported prior to now, the US authorities has been investigating Fiat Chrysler Vehicles for a while now over its gross sales reporting methodology. In brief, there’s suspected fraud and FCA has since modified the way it conducts these stories. Nevertheless, one of many automaker’s prime gross sales executives has now filed a whistleblower lawsuit in opposition to his personal employer.
In line with The Detroit Information, Reid Bigland, who at present oversees the Ram truck model claims FCA has retaliated in opposition to him for cooperating with federal investigators and has punished him by slashing his pay by greater than 90 p.c. In his lawsuit, Bigland alleges FCA intends to make use of the cash it saved by not paying him to pay fines to the Securities and Alternate Fee. Bigland seeks $1.eight million in damages.
His lawyer wrote within the lawsuit that “In late 2018, presumably as a method to wrap up their investigation with some outcome, the SEC instructed to plaintiff that he admit to some wrongdoing as to defendants’ month-to-month gross sales reporting. As a result of (Bigland) had not engaged in any wrongdoing, and there was no wrongdoing, he declined to take action.”