Volkswagen has agreed to settle a class action brought by investors arising out of its diesel emissions-cheating scandal. The complaint alleged that it knowingly issued false financial statements about its exposure and liabilities. Continue reading “VW Settles Securities Class Action for $48 Million”

CarVolkswagen¬†was hit with at least nine more class actions on Monday and Tuesday by U.S. drivers seeking damages for diesel-burning autos that the manufacturer touted as environmentally friendly, but that the U.S. Environmental Protection Agency recently revealed were designed to fool emissions tests. Continue reading “Drivers file class actions against Volkswagen for fraudulent sales of clean diesel vehicles”