United States: GM, Fiat CEOs Ordered to Meet to Resolve Union Bribery Suit

The chief executives of General Motors Co. and Fiat Chrysler Automobiles NV were ordered to meet face-to-face by July 1 to resolve a lawsuit over bribery of labor union officials.

A federal judge in Detroit on Tuesday told GM’s Mary Barra and Fiat Chrysler’s Mike Manley to talk in person to try and resolve a legal claim that he called a “waste of time and resources” during the covid pandemic.

GM filed suit last year, alleging that former CEO Sergio Marchionne, who died in 2018, and other Fiat Chrysler executives were involved in an effort to bribe union officials to get better contract terms than competing car makers. A federal corruption probe into the matter that has put nine union and Fiat Chrysler leaders in jail. GM said the added labor expenses it paid increased its costs by billions.

The full original article can be found at news.bloomberglaw.com


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