UK rail workers strike over pay, job security and working conditions
UK rail workers Tuesday launched their first day of strike action over disputes between workers and companies on pay, jobs and working conditions. The strike action is expected to affect 14 train operators from Tuesday through Friday, reducing rail travel to 20 percent of regular services. The National Union of Rail, Maritime, and Transport Workers [...]
Indiana Supreme Court continues injunction of state abortion ban
The Supreme Court of Indiana Wednesday continued a preliminary injunction preventing the enforcement of select provisions of the state’s abortion ban, S.B. 1. Under the ruling, the injunction will continue while the court hears oral arguments in January of next year. The injunction effectively stops the defendants, county prosecutors and members of the Medical Licensing [...]
Indiana Court of Appeals: state may withdraw from federal unemployment program
Indiana Court of Appeals sided with Indiana Governor Eric Holcomb on Tuesday allowing him to withdraw the state from the Coronavirus Aid, Relief, and Economic Security (“CARES”) Act benefits program. The CARES Act includes three voluntary federal unemployment programs that increase benefits, extend benefit duration, and award benefits to ineligible participants. In May, Governor Holcomb [...]
Volkswagen executives charged in Germany for stock market manipulation related to emissions scandal
German prosecutors have filed charges against Volkswagen CEO Herbert Diess, Chairman Hans Dieter Pötsch and former CEO Martin Winterkorn, according to a statement Tuesday. The indictment charges the executives with intentionally misleading shareholders by withholding information about the company’s 2015 emissions-cheating scandal. In September 2015, authorities in the US revealed that Volkswagen had rigged millions [...]
The United States Securities and Exchange Commission (SEC) alleged Thursday in a court filing that Volkswagen (VW) “perpetrated a massive fraud” and repeatedly lied to U.S. investors in connection with the company’s emissions scandal. According to the SEC’s complaint, from April 2014 to May 2015, VW issued over $13 billion in bonds and asset-backed securities [...]
Germany court rules for shareholders in Porsche suit over VW emissions scandal
The Stuttgart regional court in Germany ruled (in two separate lawsuits: 22 O 101/16 & 22 O 348/16) Wednesday that Porsche Automobil Holding SE (Porsche) must compensate shareholders for failing to disclose information regarding its investment, Volkswagen (VW), and VW’s emissions scandal. Shareholders of Porsche sued the company for violating §37b of the Securities Trading Act [...]
Here's the domestic legal news we covered this week: The US Department of Justice (DOJ) on Thursday unsealed an indictment against former Volkswagen (VW) CEO and chairman of the management board Martin Winterkorn on...
Ex-Volkswagen CEO charged with fraud in company's diesel emissions scandal
The US Department of Justice (DOJ) on Thursday unsealed an indictment against former Volkswagen (VW) CEO and chairman of the management board Martin Winterkorn on charges of fraud and conspiracy arising from the company's...
Here's the domestic legal news we covered this week: A judge for the US District Court for the Western District of Texas granted a temporary restraining order Thursday, blocking Texas officials from enforcing a ban...
Senior District Judge Charles Breyer of the Northern District of California on Thursday blocked a lawsuit filed by the state of Wyoming against Volkswagen AG (VW) over the diesel emission scandal. The...
