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lawsuit

  1. Volkswagen News Blog
    The District Court in Braunschweig has said that it will allow a collective lawsuit to go forward against VW that could end up costing the automaker up to €4 billion. That’s according to a report today from the Wall Street Journal . The cases are being brought by investors who argue that...
  2. Volkswagen News Blog
    Volkswagen Aktiengesellschaft today announced that the Company has submitted a statement of defense to the Braunschweig District Court (Landgericht Braunschweig) in connection with the allegation of a violation of disclosure obligations under capital markets law. After careful examination by...
  3. Volkswagen News Blog
    Reuters has reported today that Volkswagen will be headed to court, as the US Justice Department is suing the German automaker for violating environmental regulations.  With a theoretical maximum penalty of an astounding $90 Billion ($37,500 per vehicle), it's quite clear that the US Government...
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