Italy court finds former Fiat advisors guilty of misleading market

Newswire

TURIN, Italy Feb 21 (Reuters) - An Italian appeals court has sentenced two former Fiat advisors to 1 year and 4 months in jail for misleading the market in a 2005 stock transaction that secured the Agnelli family's control of the automaker. Thursday's decision by the Turin judges overturned a 2010 verdict by a lower court that had found the two advisors, lawyer Franzo Grande Stevens and former Agnelli family holding company executive Gianluigi Gabetti, not guilty. ...

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