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Volkswagen

Update VEB/European Investors class action against VW

On 24 September 2019 the German prosecutor in Braunschweig announced proceedings against VW’s CEO Herbert Diess and the Chairman of VW’s supervisory board Hans Dieter Pötsch and former CEO Martin Winterkorn in a 636 page complaint. The investigation and prosecution concern the withholding of insider information on rigged emissions tests four years ago. A new accusation is that VW was too late i...
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