Peter Blumberg

Government, Business, Technology, Fuel

VW Sued by SEC for Misleading Bondholders on Diesel Cheating

vw Akos Stiller/Bloomberg News

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.

Peter Blumberg | Bloomberg News
March 15, 2019