Are those four module down alarms symptom alarms to the root cause 'Chassis Down' alarm? When you see symptom alarms displayed on your OneClick Console, you may have set your OneClick Console -> Preferences -> Alarms Tab -> [Set Alarm Filter...] -> State tab -> Symptoms box -> Show Symptoms. By default, OneClick Console doesn't show symptom alarms in the Alarm table.
To confirm if those are symptom alarms, go to Alarm Detail of the 'Chassis Down' alarm and select Impact tab and see at Symptoms view. If 'Chassis Down' alarm has those 4 'module down' alarms as symptom alarms then Spectrum is working as designed. Please refer to below documentation.
Support for Chassis Devices - Chassis Alarms
With regards to FPC modules were still down but Spectrum doesn't show 'module down alarms', this will be an issue. We need to look at the device MIB data in more details and investigate further. I recommend this to be analyzed further within a Support Call ticket.