Agnelli family controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2009
Market-manipulation prosecution involving family counsel
Family lawyer Franzo Grande Stevens was prosecuted in connection with the equity-swap transaction involving IFI, IFIL and Fiat.
2007
IFIL equity-swap regulatory case
Italy’s market regulator sanctioned the family holding company, then called IFIL, over a complex 2005 transaction with Merrill Lynch that enabled it to retain its Fiat stake during a debt-to-equity restructuring. Family advisers received temporary restrictions or faced related proceedings.
1997
Fiat accounting and illicit-payment case
Former Fiat chairman Cesare Romiti was convicted in proceedings involving falsified accounts, tax fraud and illegal payments to political parties during the period examined by the Tangentopoli investigations.