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Wednesday 21 September 2016

Germany - VW investors sue the car giant for 8.2 billion euros - German court: euronews (in English)

Published on Sep 21, 2016
Volkswagen shareholders are suing the car maker for 8.2 billion euros.

A court in the German city of Brunswick announced on Wednesday that investors want damages after their VW shares plunged in the wake of the so-called dieselgate scandal which was uncovered in September 2015.

The environmental protection agency found that Volkswagen had cheated on emissions tests in the US.

The court in the German state of Lower Saxony, where Volkswagen is headquartered, has jurisdiction over VW claims in …

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