Top VW Bosses Charged With Manipulating Stock Price
Law360, London (September 24, 2019, 5:09 PM BST) -- Three current and former senior Volkswagen executives have been charged with stock market manipulation in connection with the diesel emissions scandal, German prosecutors said Tuesday, while other authorities fined Daimler AG €870 million ($957 million) over the emissions scandal.
Volkswagen CEO Herbert Diess, shown here on July 12, and two other current and former senior executives withheld information from investors about the carmaker's diesel emissions-cheating scandal, prosecutors alleged Tuesday. (AP) The Braunschweig prosecutor’s office said it had charged chief executive Herbert Diess, chairman Hans Dieter Pötsch and former chief executive Martin Winterkorn with market manipulation for allegedly withholding information from investors about...
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