Surprise Me!

VW investors sue the car giant for 8.2 billion euros - German court

2016-09-21 1 Dailymotion

Volkswagen shareholders are suing the car maker for 8.2 billion euros. <br /><br /> 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.<br /><br /> The environmental protection agency found that Volkswagen had cheated on emissions tests in the US.<br /><br /> The court in the German state of Lower Saxony, where Volkswagen is headquartered, has jurisdiction over VW claims in Germany. <br /><br /> More than 1,400 claims have been filed against the the car giant from both individual shareholders and corporate investors including pension funds. <br /><br /> The announcement comes three weeks after a class action was announced against Volkswagen’s Australian arm.<br /><br /> Volkswagen emissions scandal: Australia sues car giant https://t.co/eHWuXxuRMR pic.twitter.com/RCnz0uolPL— euronews (@euronews) September 1, 2016<br />

Buy Now on CodeCanyon