Search for: "Volkswagen AG"
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14 Mar 2019, 10:26 pm
The Securities and Exchange Commission today charged Volkswagen AG, two of its subsidiaries, and its former CEO, Martin Winterkorn, for defrauding U.S. investors, raising billions of dollars through the corporate bond and fixed income markets while making a series of deceptive claims about the environmental impact of the company's "clean diesel" fleet.According to the SEC's complaint, from April 2014 to May 2015, Volkswagen issued more than $13 billion… [read post]
8 Mar 2019, 8:54 am
SEC Charges Volkswagen, Former CEO With Defrauding Bond Investors During "Clean Diesel" Emissions Fraud (SEC Release)https://www.sec.gov/news/press-release/2019-34In a Complaint filed in the United States District Court for the Northern District of California, https://www.sec.gov/files/complaint-2019-03-14_0.pdf the SEC today charged Volkswagen AG, its subsidiaries Volkswagen Group of America Finance, LLC and VW Credit, Inc., and former Chief Executive… [read post]
5 Feb 2019, 9:17 am
According to a report by the California Highway Patrol (CHP), Kayla Wilson, age 21 and a San Jose resident, drove her red Volkswagen the wrong way at the Vermont Street exit onto Northbound 101 at around 2:30 a.m. [read post]
17 Oct 2018, 8:21 am
Audi AG announced on Tuesday that it has been fined €800 million (USD $926 million) in Germany for emissions failures. [read post]
10 Aug 2018, 3:20 pm
The three other children, aged 1, 3, and 5, remained in hospital care at the time of this reporting. [read post]
6 Aug 2018, 6:01 am
., Volkswagen AG, Equifax, Uber Technologies, Mylan, and others—gives new urgency to two questions: Should boards have broader policies for triggering compensation adjustments, forfeitures, and repayment of past compensation—generally referred to as recoupments or clawbacks—when corporate harm is demonstrated? [read post]
1 Aug 2018, 12:36 pm
Enlarge / Volkswagen AG Turbocharged Direct Injection (TDI) vehicles sit parked in a storage lot at San Bernardino International Airport (SBD) at dusk in San Bernardino, California, on Wednesday, April 5, 2017. [read post]
24 Jul 2018, 4:49 pm
BASF Volkswagen Group of America Bose Corporation Pramudji Law Group PLLC [read post]
18 Jun 2018, 10:54 am
German authorities have taken Stadler, chief executive officer of Volkswagen AGs Audi unit, into custody, making his the highest-profile arrest in the group's diesel-cheating probes. [read post]
16 Jun 2018, 2:21 pm
A conservative man, both politically and financially, my father drove a Volkswagen Beetle. [read post]
15 Jun 2018, 7:56 pm
Doug Ducey recently announced that he will be replacing more than 280 “aging and presumably high-polluting school buses...at no cost to Arizona taxpayers. [read post]
3 May 2018, 9:50 pm
The government's press release (see here) states they were "charging the former chairman of the management board of Volkswagen AG (VW), with conspiracy and wire... [read post]
25 Apr 2018, 12:19 pm
Volkswagen AG will pump $33.5 million into Maryland’s economy under a settlement the German automaker reached with the state to resolve allegations it violated environmental laws by installing devices designed to cheat required diesel emissions tests between 2009 and 2015. [read post]
8 Feb 2018, 12:05 pm
… Under E.U. rules, all 8 million E.U. customers who bought Dieselgate cars could theoretically sue in Lower Saxony, where VW AG is based. [read post]
29 Jan 2018, 4:40 am
Given the unional concept of res judicata in Gothaer Versicherungs AG (15.11.2012 C-456/11, IPRax 2014, 163) the ratio of this ruling seems to be outdated, at least in cases within the Single Market. [read post]
10 Jan 2018, 12:38 pm
Ford Motor Co. rigged at least 500,000 heavy-duty trucks to beat emissions tests, drivers claimed in a lawsuit, adding to the tally of carmakers linked to diesel-cheating allegations worldwide that started in 2015 with Volkswagen AG. [read post]
7 Dec 2017, 5:16 pm
From Jurist: Oliver Schmidt, a former senior manager at Volkswagen AG [corporate website] was sentenced to 84 months in prison and a $400,000 fine on Wednesday after pleading guilty [agreement, PDF] to one count of conspiracy to defraud the United... [read post]
7 Dec 2017, 9:19 am
Oliver Schmidt, a former senior manager at Volkswagen AG [corporate website] was sentenced to 84 months in prison and a $400,000 fine on Wednesday after pleading guilty [agreement, PDF] to one count of conspiracy to defraud the United States and to one count of violating the Clean Air Act. [read post]
6 Dec 2017, 2:23 pm
4 Dec 2017, 7:09 am
Enlarge / Volkswagen AG Turbocharged Direct Injection (TDI) vehicles sit parked in a storage lot at San Bernardino International Airport (SBD) at dusk in San Bernardino, California, U.S., on Wednesday, April 5, 2017. [read post]
