Volkswagen


How to Get Your $10,000 From Volkswagen

Volkswagen has reached an agreement in one of the largest class-action settlements the United States has ever seen. The hefty $14.7 billion sum is the result of the manufacturer settling with customers affected by its diesel emissions cheating scandal — which proved Volkswagen deliberately equipped roughly 475,000 diesel cars with software that bluffed emissions regulations for years, and …


Q & A: The Ins and Outs of the VW Settlement

Volkswagen owners can finally dump their cheatin’ cars, if they want to. The German automaker has agreed to an unprecedented U.S. settlement to make things right after admitting that it programmed about half a million of its diesel cars to cheat on emissions tests. When driven on the road, the vehicles put out levels of nitrogen oxide well above U.S. pollution standards.


Oklahoma AG Pruitt Files His Own Lawsuit Against Volkswagen, Hoping for a Better Deal

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 …


10,000 Arizonans Eligible for VW Settlement

Thousands of Arizonans who own certain so-called “clean diesel” Volkswagen and Audi vehicles are eligible for compensation from a federal class action settlement over emissions claims. The German automaker agreed to buy back or fix the “clean diesel” vehicles and give out thousands of dollars to the owners, according to Arizona Attorney General Mark Brnovich. The affected cars include 2009 …


Compensation for Wyoming Consumers Under Settlements With VW

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 …


Illinois VW Owners Welcome Buyback in Emissions Settlement

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 …


10,000 Arizona Vehicles Eligible for VW Settlement

The German automaker agreed to buy back or fix “clean diesel” cars and compensate the owners for their trouble. The affected cars include 2009 through 2015 Volkswagen TDI diesel models of Jettas, Passats, Golfs, and Beetles as well as the TDI Audi A3. Owners will be paid full, pre-scandal fair market value for their vehicle, in addition to a cash payment of at least $5,100.


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 …


Labaton Sucharow LLP Files Class Action Lawsuit on Behalf of Bond Investors in Volkswagen AG and Volkswagen America

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 …