October 03, 2018
A California federal judge Wednesday largely rejected bids by Volkswagen AG and electronics engineering firm Robert Bosch LLC to dismiss putative class claims from former owners who sold their affected diesel vehicles before news of an emissions-cheating scandal broke, saying the drivers alleged a sufficiently concrete injury.
September 07, 2018
In the latest development stemming from the Volkswagen emissions-cheating scandal, a California federal judge told a bondholder Friday that its second amended complaint could survive the carmaker's dismissal bid, but could not be amended to include insider trading claims.
August 31, 2018
Volkswagen AG's U.S. units told a California federal judge Thursday that a proposed class of drivers who sold their affected diesel vehicles before the emissions-cheating scandal broke in September 2015 didn't suffer any financial losses, and their lack of standing dooms their suit.
August 29, 2018
Volkswagen AG and Robert Bosch GmbH said Tuesday that businesses that invested in building new Volkswagen dealerships or expanding existing ones in the midst of the German automaker's 2015 emissions-cheating scandal don't have standing to sue over purported financial losses they suffered from Volkswagen's reputational hit.
August 28, 2018
Volkswagen has agreed to shell out $48 million to end claims by investors in multidistrict litigation over its diesel emissions-cheating scandal that it knowingly issued false financial statements about its exposure and liabilities, according to filings in California federal court Monday.
August 24, 2018
A proposed class of Volkswagen AG customers who sold their vehicles before the automaker's emissions cheating scandal killed the cars' value can't allege a financial injury, VW told a California federal judge during a Friday hearing on its dismissal bid, while the class countered that they paid a premium for the cars' ersatz environmentalism.
August 03, 2018
Volkswagen and bondholders squared off before a California federal judge Friday over claims the automaker duped investors into buying overpriced bonds based on misleading offering documents that concealed its diesel emissions scandal, with Volkswagen arguing that bondholders haven't adequately pled they relied on the documents to make the investments.
July 18, 2018
Volkswagen told a California federal judge Tuesday that disgruntled bondholders cannot prove they were duped into buying overpriced bonds based on purportedly misleading offering documents concealing the German automaker's 2015 diesel emissions scandal, and that their latest amended proposed class action should be dumped for good.
June 20, 2018
Bondholders told a California federal judge Tuesday that they've sufficiently alleged in their proposed class action that they were defrauded by Volkswagen AG, its U.S. unit and top executives who issued misleading bond offering documents that concealed the German automaker's 2015 diesel emissions scandal.
June 07, 2018
Boucher LLP, Schneider Wallace Cottrell Konecky Wotkyns LLP, Bradley Grombacher LLP, and the Law Offices of Sahag Majarian II have been tapped to lead a consolidated class of Volkswagen AG salespersons allegedly harmed by the German automaker's emissions cheating scandal, according to a California federal court order Thursday.