Judge Allows Fiat Chrysler 401(k) Mismanagement Suit to Proceed

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However, the court granted FCA’s request to take judicial notice of external documents, including annual Form 5500 reports and fund prospectuses referenced by employees in their filing.

What’s at Stake

The case underscores the growing scrutiny on how corporate giants manage retirement benefits, with workers challenging whether their nest eggs are being properly safeguarded. FCA, a subsidiary of Stellantis NV, oversees iconic brands like Jeep, Dodge, Ram, Chrysler, and Alfa Romeo—but it now faces questions not about engines and performance, but about fiduciary prudence and financial stewardship.

Counsel and Representation

The proposed class is represented by Oliver Bell Group, Miller Shah LLP, and Don Bivens PLLC. FCA is defended by attorneys from Littler Mendelson PC.

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Neither side responded immediately to requests for comment. For employees, though, the ruling marks a green light to push forward in their pursuit of accountability over how retirement savings are managed.