The Atlantic Lottery Corporation is deceiving its players and breaking the law — old school-style — according to arguments in a class action against video lottery terminals (VLTs). “VLTs are a form of continuous electronic gaming … programmed to create cognitive distortions of the perception of winning, intended to keep the consumer engaged and losing money,” says the statement of claim filed …
Volkswagen AG and former Chief Executive Officer Martin Winterkorn must defend an investor lawsuit in California over the company’s diesel emissions cheating scandal, a U.S. judge has ruled. The plaintiffs, mostly U.S. municipal pension funds, have accused VW of not having informed the market in a timely fashion about the issue as well as understating possible financial liabilities, according …
(WASHINGTON) — Volkswagen’s top U.S. executive is stepping down amid the company’s ongoing emissions cheating scandal, the company announced Wednesday. U.S. President and CEO Michael Horn is leaving “to pursue other opportunities effective immediately,” the automaker said in a statement. He had been with the German auto maker for 25 years, assuming his most recent post in 2014.
Embattled automaker Volkswagen has developed a catalytic converter that could be fitted to around 430,000 cars with the first generation of the EA 189 diesel engine, allowing them to pass US emissions tests, German newspaper “Bild am Sonntag” said Sunday. The paper did not provide any information on its sources, but a source familiar with the matter told Reuters that VW’s proposal included a …
Embattled automaker Volkswagen has developed a catalytic converter that could be fitted to around 430,000 cars with the first generation of the EA 189 diesel engine, allowing them to pass US emissions tests, German newspaper “Bild am Sonntag” said Sunday. The paper did not provide any information on its sources, but a source familiar with the matter told Reuters that VW’s proposal included a …