VW To Face German Investor Actions, Litigation Funder Says

Law360, New York (October 2, 2015, 8:02 PM EDT) -- Bentham Europe Ltd. has charged out of the gates to fund impending German shareholder litigation against Volkswagen Group over its failure to tell investors about its practice of installing software in vehicles to avoid complying with emissions standards, the company said Thursday.

Bentham, a joint venture of Australian litigation funder IMF Bentham Ltd. and subsidiaries of funds managed by U.S.-based Elliott Management Corp., said it has hired a “leading international commercial litigation law firm” to lead the actions against Volkswagen.

The litigation will seek compensation under...
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