Fiat Chrysler Automobiles LLC’s U.S. general counsel Marjorie Loeb is departing the company one month after a federal investigation into the carmaker’s sales reporting practices was announced.
Fiat Chrysler was accused of pressuring its car dealers to inflate their sales reports, according to a lawsuit filed in January by an Illinois car dealer. In July, The Wall Street Journal reported that the U.S. Department of Justice (DOJ) and the Securities and Exchange Commission (SEC) announced that they would investigate the claims, which the automaker called “baseless.”
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