Thursday, June 1, 2023 | Back issues
Courthouse News Service Courthouse News Service

VW Settlement

U.S. District Judge Charles Breyer approved a $48 million settlement Wednesday for investors in American Depository Receipts, who claim that Volkswagen made false and misleading statements about its financial condition and regulatory compliance in the emissions cheating scandal.

SAN FRANCISCO — U.S. District Judge Charles Breyer approved a $48 million settlement Wednesday for investors in American Depository Receipts, who claim that Volkswagen made false and misleading statements about its financial condition and regulatory compliance in the emissions cheating scandal.

Read the Top 8

Sign up for the Top 8, a roundup of the day's top stories delivered directly to your inbox Monday through Friday.

Loading...