Current, former VW bosses face ‘market manipulation’ charges | The Malaysian Insight

Although VW former and current chiefs have deflected blame, German prosecutors are looking to charge them with ‘market manipulation’. – EPA file pic, September 25, 2019.

WEEKS after its latest attempted new start with an all-electric car, Volkswagen is again in the legal weeds over its years-old “dieselgate” scandal, as charges against top executives pile on top of mass suits by investors and car owners. In a new blow to the auto giant, German prosecutors yesterday said they had charged Volkswagen’s chief executive Herbert Diess, former boss Martin Winterkorn and supervisory board chief Hans Dieter Poetsch with “market manipulation”.

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German prosecutors charge current and ex-VW CEOs with ‘market manipulation’ | The Malaysian InsightTrio fail ‘in legal obligation’ to promptly inform investors of cheating, massive financial risks.
La source: msianinsight - 🏆 8. / 63 Lire la suite »