BREAKING NEWS

Judge says Volkswagen must face US investor lawsuits over diesel emissions

By REUTERS

JANUARY 5, 2017 03:08

A US judge on Wednesday denied Volkswagen AG and its former chief executive Martin Winterkorn's requests to have an investor lawsuit dismissed in California over its "Dieselgate" emissions scandal.

In a 41-page ruling, US District Judge Charles Breyer also rejected a request by VW brand chief Herbert Diess to have the proposed securities fraud lawsuits tossed out of a California court. The investors suing are mostly US municipal pension funds that invested in VW through American Depositary Receipts.

Volkswagen argued that German courts were the proper place for investor lawsuits.

Turkey's Erdogan says he does not believe Hamas will leave Qatar

By REUTERS

04/23/2024 12:13 PM

Two evacuated to Shaare Zedek after car crash

By JERUSALEM POST STAFF

04/23/2024 11:43 AM

Germany arrests EU parliamentarian staff on suspicion of China espionage

By REUTERS

04/23/2024 10:10 AM

Red Alert in Sderot: Four rockets intercepted, no injuries or damage

By JERUSALEM POST STAFF