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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]
29 Jul 2019, 7:00 am
On March 14, 2019, the Securities and Exchange Commission (“SEC”) charged Volkswagen AG,two of its subsidiaries, and its former CEO, Martin Winterkorn, with fraud in connection with a 2015 scandal commonly known as “dieselgate. [read post]
29 Jun 2016, 7:08 am
Volkswagen AG [corporate website] has agreed to spend up to $14.7 billion to settle [consent decree, PDF] allegations of cheating emissions tests and deceiving customers in a settlement with US regulators announced Tuesday. [read post]
25 Mar 2016, 10:22 am
A judge for the US District Court for the Northern District of California [official website] on Thursday extended the deadline [court transcript, PDF] for German automaker Volkswagen AG (VW) [official website] to fix its diesel-powered cars, which have been held to be in violation of US emissions standards. [read post]
25 Feb 2016, 6:00 am
Other automakers involved in the new Takata inflator recalls include Mazda Motor Corp., Honda, BMW, Ford Ranger, Daimler AG’s Mercedes-Benz and Sprinter van brands and Saab AB. [read post]
27 Jul 2016, 11:21 am
A judge for the US District Court for the Northern District of California [official website] on Tuesday gave preliminary approval [order, PDF] to a $15 billion settlement [case materials] between German automaker Volkswagen AG (VW) [corporate website] and the US Environmental Protection Agency (EPA) [official website], California officials and consumers. [read post]
9 Aug 2016, 7:34 am
The District Court in Braunschweig, Germany, ruled [press release, in German] Monday that a collective complaint against Volkswagen AG (VW) may move forward. [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]
5 Jun 2023, 10:23 am
In 2015, the Texas AG filed separate consumer protection and environmental lawsuits against Volkswagen and Audi alleging that the companies used illegal emission-evading technology to defeat state emission tests. [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]
11 May 2009, 12:34 am
However, the Piëch Clan had an alternative proposal for VW: a takeover of Porsche AG. [read post]
1 Sep 2017, 6:19 am
Senior District Judge Charles Breyer [official profile] of the Northern District of California [official website] on Thursday blocked [opinion, PDF] a lawsuit filed by the state of Wyoming against Volkswagen AG (VW) [corporate website] over the diesel emission scandal. [read post]
4 Sep 2022, 9:26 am
Department of Justice and Volkswagen AG have said that a Loyola Marymount University professor cannot shortcut California federal court proceedings to force the release of a confidential Jones Day report on the German automaker's internal investigation into the 2015 emissions-cheating scandal. [read post]
29 Jun 2016, 12:59 pm
On June 28, 2016, in two related settlements, German auto-manufacturer, Volkswagen AG (“VW”), has agreed to pay $14.7 billion to resolve allegations that the company cheated diesel emissions tests for nearly 500,000 2.0 liter diesel vehicles sold over six years. [read post]
20 Apr 2007, 1:06 am
Volkswagen AG v. [read post]
8 Jun 2021, 6:24 am
Volkswagen AG insisted in a Friday reply brief that it should be allowed to intervene in Loyola Marymount University professor Lawrence Kalbers' FOIA lawsuit seeking to get the Justice Department to publicly release Jones Day's findings — which have been kept under wraps — on how the "clean diesel" emissions-cheating scandal took shape, as well. . . [read post]
29 Mar 2016, 1:57 pm
The US Federal Trade Commission (FTC) [official website] filed suit Tuesday against Volkswagen AG (VW) [corporate website] for false advertising. [read post]
30 May 2008, 12:22 pm
[JURIST] German Justice Minister Brigitte Zypries [official profile; personal website, in German] Thursday deflected the European Commission's criticism of proposed legislation that would preserve the power of the German state of Lower Saxony [official website] to block major business decisions at automaker Volkswagen AG [corporate website]. [read post]
23 Oct 2007, 12:02 am
[JURIST] The European Court of Justice (ECJ) [official website] ruled Tuesday that a German law protecting Volkswagen AG [corporate website] from hostile takeovers is illegal [press release, PDF; ECJ materials], saying the law limits "the free movement of capital" and discourages foreign direct investment in Germany. [read post]
1 Dec 2015, 4:18 am
Senators Hatch and Wyden are investigating specifically whether the Volkswagen AG and Volkswagen Group of America “made false representations to the U.S. government in its certification for federal tax subsidies. [read post]
