August 28, 2019 / 5:43 AM / 23 days ago

BRIEF-Piaggio: Receives First Instance Judgement Under 2009 Lawsuit

Aug 28 - Piaggio & C SpA:

* SAID ON TUESDAY RECEIVED NOTIFICATION OF FIRST INSTANCE JUDGEMENT FOLLOWING A 2009 LAWSUIT FROM A SUPPLIER

* FIRST INSTANCE JUDGEMENT REGARDS FINE OF AROUND EUR 7.6 MLN AND ORDER TO PUBLISH THE RULING ON 2 NEWSPAPERS AND 2 MAGAZINES

* TO APPEAL AGAINST THE JUDGEMENT

* SAID GROUP’S PERFORMANCE WON’T BE AFFECTED AND PERFORMANCE INDICATORS ARE STILL IN LINE WITH 2019 OBJECTIVES

Source text for Eikon:

Further company coverage: (Gdynia Newsroom)

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