Revised Audi Transmission Settlement Gets Judge's OK

Law360, New York (March 12, 2013, 5:02 PM EDT) -- A California federal judge expressed satisfaction with changes to a settlement between Volkswagen Group of America Inc. and a class of Audi vehicle owners suing the company over allegedly faulty transmissions, granting preliminary approval to the agreement six weeks after rejecting an earlier version of the deal.

U.S. District Judge A. Howard Matz signed off on the settlement after the two sides agreed to make it easier for potential class members to file an objection with the deal and included a sample opt-out clause as part...
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