Iacobelli's 'significant' cooperation in corruption probe cited in sentence reduction

A former Fiat Chrysler Automobiles executive who was a key figure in the UAW corruption probe will be spending less time behind bars than initially planned. Alphons Iacobelli, FCA’s ex-lead labor negotiator, had his sentence reduced Monday by a year and a half. U.S. District Court Judge Paul Borman, noting Iacobelli’s “significant” cooperation with the government and good behavior in prison, ordered Iacobelli’s sentence reduced from 66 to 48 months. The judge also said that “at the tail-end of his sentence” Iacobelli should be considered for home confinement at the earliest possible date rathe…

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HEDGE accordingly