NEW YORK, June 22, 2016 (GLOBE NEWSWIRE) — Labaton Sucharow LLP (“Labaton Sucharow”) filed a securities class action lawsuit on June 20, 2016 on behalf of its client Boston Retirement System (“BRS”) against Volkswagen AG, its wholly owned subsidiary Volkswagen Group of America, Inc., its further subsidiary Volkswagen Group of America Finance, Inc. (together, “Volkswagen”), and certain senior executives (collectively “Defendants”). The action, which is captioned BRS v. Volkswagen, No. 16-cv-3435 (N.D. Cal.), asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the “Exchange Act”), and U.S. Securities and Exchange Commission (“SEC”) Rule 10b-5 promulgated thereunder, on behalf of all persons or entities who purchased or otherwise acquired U.S.-issued debt securities of Volkswagen between May 23, 2014 and September 22, 2015, inclusive (the “Class Period”). The securities at issue (the “Offerings”) are listed in the chart below:

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