Car Emissions Lawyers - The Original Emissions Claims Lawyers

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Tag: vw bosses

January 20, 2017

Six VW executives charged in midst of admissions of cheating and covering up evidence

In the midst of the many legal battles and billions of dollars in settlements and fines being paid out so far in the U.S., Volkswagen Executives are facing criminal charges for their alleged roles in the Volkswagen Emissions Scandal too.

It has been reported that six top executives have been accused of a decade-long conspiracy to create the software for their vehicles to cheat official testing. U.S. federal authorities have issued indictments for the executives to be extradited to the U.S. for Trial.
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By Admin
January 13, 2017

Former-Volkswagen CEO and other top management executives must defend lawsuit over the VW cheating emissions scandal

When former VW CEO, Martin Winterkorn, resigned following the emissions scandal in 2015, I’m sure he didn’t expect to be defending a lawsuit himself.

A U.S. District Judge has ruled that Mr Winterkorn must defend a suit that is brought by American pension fund investors. The suit alleges that VW are guilty of not warning or informing the market/investors ‘in a timely fashion’ about the emission scandal; instead leaving investors to find out about their pension funds after the scandal had been publicised and splashed across the news.

Following the publication of VW’s emissions scandal in September 2015, the lawsuit notes that VW’s market value for shares fell by $63 billion (£52 billion).
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By Admin
December 15, 2016

“VW’s top players subject to criminal investigations” – German authorities investigations into whether VW’s chairman Hans Dieter Potsch knew of the scandal and failed to inform investors

The German VW investigations have reached another development as VW’s chairman of the supervisory board, Hans Dieter Potsch, has allegedly violated securities laws, which is being investigated in the criminal probe launched earlier this year in June.

The ongoing headache for the German car giants isn’t set to end anytime soon. With 11 million vehicles affected worldwide, this is one of the biggest scandals in history, and the importance of both civil claims and criminal investigations has never been more prominent.
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By Admin
April 29, 2016

Volkswagen bosses set for huge £49m bonuses despite emissions scandal

Seven months on from the breaking of the Volkswagen Emissions Scandal and here’s the state of play:

  • No recall initiated despite it supposedly starting January 2016;
  • No viable fix that won’t affect fuel consumption and engine performance according to independent research;
  • Not a single penny in compensation paid to the millions of consumers worldwide who have been sold a misrepresented vehicle;

But…

  • £49m pounds to be paid in bonuses to VW bosses!

Yes, you read that right! Despite the PR nightmares and failed assurances, the VW bosses at the top are still going to receive millions in bonuses despite Volkswagen being at the centre of the one the biggest scandals in history.
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By Admin

Our Diesel Emissions Group Actions

If you are looking for representation for emissions problems related to Nissan Renault, Porsche and many others you can go to the following advice pages to find out more:

Nissan Renault Emissions

NISSAN RENAULT EMISSIONS

UK NISSAN RENAULT CONSUMERS MAY BE ELGIBLE FOR NO WIN, NO FEE COMPENSATION. CLICK NOW TO FIND OUT MORE.

LEARN MORE

Porsche Emissions

PORSCHE EMISSIONS

PORSCHE INITIATED A RECALL IN EARLY 2019. FIND OUT NOW IF YOU ARE ELIGIBLE TO JOIN OUR DIESEL EMISSIONS ACTION.

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