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Dutch group sues Stellantis over supposed emissions unfaithful

An independent foundation on Wednesday filed a class action suit in the Netherlands against Stellantis over alleged emissions test unfaithful by one of its predecessor business, Fiat Chrysler, a. document seen showed.

According to the lawsuit, filed by the Dutch non-profit. structure Fiat Chrysler Investors Recovery Stichting, from at. least 2014 until 2017 Fiat Chrysler stopped working to divulge it had. installed prohibited software in its cars targeted at covering. emissions, the foundation's legal advisor stated in a declaration.

As an outcome, (it) significantly harmed financiers purchasing. and/or holding Fiat Chrysler shares, the statement from law. firm Scott+ Scott stated.

Stellantis said in a declaration it believes that this. claim is without benefit and means to safeguard itself. strongly.

Stellantis was formed in early 2021 from the merger of Fiat. Chrysler Automobiles (FCA) and France's PSA.

FCA United States LLC, a system of Netherlands-based Stellantis, pleaded. guilty in 2022 to criminal conspiracy as part of a multi-year. U.S. Justice Department diesel-emissions scams probe.

Scott+ Scott said financiers possibly eligible to join the. claim were those who bought or held Fiat Chrysler shares on the. Milan stock market from October 2014 to May 2017.

The claim is funded by an external financier associated with. U.S. possession supervisor Fortress Financial investment Group, according to the. structure website.

This emission scandal was concealed by Fiat Chrysler for several years. and has affected countless financiers. It is past due that the. car producer is being held liable through this class. action, foundation chair Flip Schreurs stated in the statement.

Fiat Chrysler, Peugeot maker PSA and Opel - also a brand name of. Stellantis - have actually been under investigation in Europe, together with. several other carmakers, in the wake of Volkswagen's. dieselgate emissions scandal.

Scott+ Scott partner Jan-Willem De Jong stated the case was. sent on Wednesday to the District Court North-Holland in. the Netherlands, while it notified Stellantis on Tuesday.

The court is expected to decide the next actions on Dec. 4, he. added.

(source: Reuters)