U.S. regulators charged Volkswagen and former CEO Martin Winterkorn with defrauding investors during its massive diesel emissions scandal. The charges from the U.S. Securities and Exchange Commission come two years after the German automaker settled with the U.S. over criminal… The post Regulators charge VW, ex-CEO with defrauding investors appeared first on Auto Service World.
The US Securities and Exchange Commission (SEC) announced that it is charging Volkswagen and its former CEO Martin Winterkorn for defrauding US investors during the company's "Dieselgate" scandal. The agency accused the company and its top executive...
Volkswagen AG and its former CEO were sued by the U.S. Securities and Exchange Commission over claims they failed to disclose to investors that diesel vehicles violated emissions standards, the latest twist in a software cheating scandal that already has cost the company more than $30 billion.
Filed under: Earnings/Financials,Government/Legal,Green,Emissions,Technology,Diesel VW, which settled with the feds and paid fines, says 'the SEC is now piling on.' Continue reading SEC charges VW and its former CEO with defrauding investors in Dieselgate SEC charges VW and its former CEO with defrauding investors in Dieselgate originally appeared on Autoblog on Fri, 15 Mar 2019 09:10:00 EDT.