Search Results for: volkswagen diesel

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The US Department of Justice (DOJ) has began an investigation into four auto companies that created an agreement with the state of California regarding vehicle-emissions standards, according to Friday reports. The car companies include Ford Motor Co., Honda Motor Co., BMW AG and Volkswagen AG. The California Emissions Pact was a deal between these four [...]

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German prosecutors on Monday charged former Volkswagen CEO Martin Winterkorn and four others with fraud, unfair competition and breach of trust in connection with the company’s massive, multi-year effort to cheat on diesel emissions testing. Prosecutors said that Winterkorn knew about the deceptive practice since May 2014 and failed to stop it. The company has [...]

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On October 24, 2018, New York Attorney General Barbara Underwood sued Exxon for defrauding investors about the business risks of climate change. Of course, Exxon will probably deny that it committed fraud. But, in anticipation of this day, the oil giant has spent the last two years preparing a far more insidious legal defense: that its fraud is actually protected [...]

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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 [...]

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Audi AG announced on Tuesday that it has been fined €800 million (USD $926 million) in Germany for emissions failures. The fines were leveled by the Munich II public prosecutor. Of the total fine, €5 million is from negligent regulatory offences, and the remaining €795 million is from disgorgement of economic benefits. The fines also [...]

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©Pixabay (Rene Hess)

The US Court of Appeals for the Ninth Circuit upheld Monday a $10 billion class action settlement against Volkswagen for a 2015 emissions cheating scandal. Volkswagen has admitted to installing devices in certain models of their diesel vehicles to have them defeat US emissions tests. Anywhere from 10-40 times the legal amount of diesel fumes were being [...]

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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 charges of fraud and conspiracy arising from the company’s diesel emission-cheating scandal. The charges, which were filed on March 14 in [...]

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Three plaintiffs filed a class action lawsuit on Tuesday in the US District Court for the District of New Jersey alleging that BMW cheated during emissions tests of their diesel vehicles. The plaintiffs, individual customers from Colorado, Maryland and Pennsylvania, allege that they and similarly situated customers “would not have purchased their vehicles because they [...]

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