Bondholders File Proposed Class Action Against Volkswagen AG
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 …