Tennessee residents who own Volkswagen vehicles affected by the company’s emissions scandal have a few options for compensation. “Consumers have choices in this settlement—this is our theme,” said Elizabeth Cabraser, court-appointed lead counsel and chair of the committee that negotiated the settlement on behalf of class members. “It’s the choices of the drivers that will shape and give …
Volkswagen has agreed to pay Texas $50 million in connection with the German automaker’s admitted peddling of diesel vehicles rigged to surpass emissions limits, Attorney General Ken Paxton announced Tuesday. The partial settlement is part of a larger, multi-billion dollar agreement unveiled Tuesday that awards hundreds of millions of dollars to dozens of states and includes a $10 billion buy- …
Volkswagen’s $15 billion settlement of lawsuit into allegations it cheated emissions tests, which spurred a national investigation, won’t include Oklahoma. Attorney General Scott Pruitt filed his own lawsuit just two weeks before Volkswagen announced the settlement. The consumer protection complaint that will be heard in Oklahoma County isn’t part of the class action lawsuit, or 44-state …
The Wyoming Attorney General today announced a settlement resolving claims that Volkswagen violated state laws prohibiting unfair or deceptive trade practices by marketing, selling and leasing diesel vehicles equipped with illegal and undisclosed defeat device software. This agreement is part of a series of coordinated state and federal settlements …
The record $15.3 billion settlement in the Volkswagen diesel-emissions cheating scandal will affect nearly 30,000 vehicles sold in Illinois, as well as thousands of owners who went from brand loyalists to betrayed. Some owners can’t wait to sell their cars back to VW, ending a nightmare that turned their beloved and peppy “clean diesel” cars into a source of driveway shame. Others have mixed …
Boston Retirement System, the public pension fund for Boston municipal employees, filed the first bondholders proposed class action against Volkswagen AG (VOWG_p.DE) related to the company’s diesel emissions scandal, law firm Labaton Sucharow LLP said. The lawsuit, which also names as defendants Volkswagen Group of America Inc and Volkswagen Group of America Finance Inc, claims that “false and …
German automaker Volkswagen Group is expected to deliver a $10 billion settlement to cover government fines and compensate owners of vehicles fitted with software …
Volkswagen AG has made substantial progress toward reaching a final settlement by late June with car owners and the US government over the German automaker’s cheating on diesel emissions tests, a federal judge said on Tuesday. US district judge Charles Breyer in San Francisco also reiterated that a settlement will include “substantial compensation” for owners of 482,000 polluting vehicles that …
Volkswagen AG (VOWG_p.DE) has made substantial progress toward reaching a final settlement next month with car owners and the U.S. government over the German automaker’s cheating on diesel emissions tests, a federal judge said on Tuesday. But major issues remain, including how much the world’s No. 2 automaker may have to pay in fines, which could run in the billions of …
The federal judge demanding Volkswagen AG fix 480,000 diesel-cheating vehicles in the U.S. or get them off the road said the automaker is on pace to meet next month’s deadline to reach a deal with car owners. U.S. District Judge Charles Breyer in San Francisco reiterated on Tuesday that buybacks, cash compensation for consumers and a fund to address damages from the excess emissions and future …