SEC charges Volkswagen AG, former CEO Winterkorn with defrauding bond investors during emissions fraud
Green Car Congress
MARCH 16, 2019
filed March 14, 2019). The complaint alleges that Volkswagen made false and misleading statements to investors and underwriters about vehicle quality, environmental compliance, and VW’s financial standing. VW Credit, Inc. with violating Sections 17(a)(2) and 17(a)(3) of the Securities Act. The litigation is being led by Daniel Hayes.
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