Judge says Volkswagen must face US investor lawsuits over diesel emissions

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.
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