Judge refuses to reconsider GM lawsuit against Fiat Chrysler
A federal judge in Detroit said Friday that he will not reconsider his July dismissal of General Motors racketeering lawsuit against Fiat Chrysler Automobiles. U.S. District Judge Paul Borman wrote in an opinion that new evidence presented by GM regarding bribes and foreign bank accounts is too speculative to warrant reopening the case. GM alleged that FCA used foreign bank accounts to pay bribes to former United Auto Workers Presidents Dennis Williams and Ron Gettelfinger, as well as Vice President Joe Ashton. It also alleges that money was paid to GM employees including Al Iacobelli, a former FCA labor negotiator who was hired and later released by GM. GM said the payments were made so the officials would saddle GM with more than $1 billion in additional labor costs.
Fiat Chrysler calls GM allegations 'defamatory and baseless'
DETROIT Fiat Chrysler Automobiles is denying allegations by General Motors that FCA used foreign bank accounts to bribe union officials so they would stick GM with higher labor costs. The allegations of new evidence were made in a motion asking a federal judge to reconsider his July dismissal of a federal lawsuit against Fiat Chrysler. GM alleged that bribes were paid to two former United Auto Workers presidents, as well as a former union vice president and at least one former GM employee. GM alleged that bribes were paid to former United Auto Workers Presidents Dennis Williams and Ron Gettelfinger, as well as Vice President Joe Ashton. GMs motion contended that payments were made to accounts in places like Switzerland, Luxembourg, Italy, Singapore and the Cayman Islands.
GM and FCA keep sparring while Ford rolls out big new incentive
GM went to federal court with a RICO claim saying the UAW and FCA colluded costing the company millions of dollars. Now GM wants the judge off the case. The judge wants it settled. In 2015, the late FCA CEO Sergio Marchionne is seen hugging then UAW president Dennis Williams kicking off national contract negotiations. GM appealed and the appeals court ruled today that hearing wouldn’t happen and wanted to hear from FCA and the judge over the next week.
General Motors appeals ruling in FCA lawsuit after judge tells CEOs to make a deal
DETROIT General Motors is suing Fiat Chrysler for an alleged bribery scheme involving the United Auto Workers (UAW). The federal judge hearing the case wants the companys CEOs to sit down and hash out a deal. But GM CEO Mary Barra is not interested in that. GM filed a racketeering lawsuit against FCA and its now deceased CEO Sergio Marchionne last November. READ: UAW president steps down as GM sues rival over union bribery