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BRS v. Volkswagen AG et al
Case Number:
3:16-cv-03435
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
- Abraham Fruchter
- Adamski Moroski
- Labaton Keller
- Merlin Law Group
- Pogust Goodhead
- Schertler Onorato
- Sullivan & Cromwell
Companies
Sectors & Industries:
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March 30, 2020
9th Circ. To Mull Fraud Standard In VW Bondholder Row
The Ninth Circuit agreed Monday to clarify a key reliance standard in securities fraud cases as it mulls Volkswagen's challenge to California class claims it duped a pension fund into buying overpriced bonds by not mentioning the "clean diesel" emissions scandal in offering documents.
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February 18, 2020
VW Rips Bondholder's Cert. Bid In Emissions Fraud Row
Volkswagen asked a California federal judge to reject a bondholder's bid to certify a class action alleging the German automaker offloaded overpriced bonds on unsuspecting investors who weren't told of the emissions-cheating scandal, saying there's no glossing over the myriad factors that affected buyers' purchasing decisions.
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February 04, 2020
VW Asks 9th Circ. To Clarify Bondholder Fraud Standard
Volkswagen has asked the Ninth Circuit to review a district court ruling preserving proposed class claims the automaker duped a pension fund into buying overpriced bonds by not mentioning the "clean diesel" emissions scandal in offering documents, saying it needs more guidance on a reliance standard.
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January 22, 2020
VW Can Ask 9th Circ. To Weigh Bondholder Fraud Suit
Volkswagen AG can ask the Ninth Circuit to consider hearing its appeal of a ruling preserving claims that it tricked investors into buying overpriced bonds by hiding its emissions defeat devices, a California judge ruled Wednesday.
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October 30, 2019
VW Asks For Redo Of Bondholder's Emissions Fraud Ruling
Volkswagen AG asked a California federal judge Wednesday to rethink a ruling that preserved claims that it tricked investors into buying overpriced bonds by hiding its emissions defeat devices, arguing the court was wrong to apply a too-narrow theory of reliance in its decision making.
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September 26, 2019
VW Must Face Bondholder's Emissions Fraud Suit
Volkswagen AG must face proposed class claims it duped a pension fund into buying overpriced bonds by failing to disclose the German automaker's 2015 diesel emissions scandal in bond offering documents, a California federal judge said Thursday.
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September 17, 2019
Bondholder Says VW Can't Use New Evidence To Sink Suit
The pension fund suing Volkswagen for concealing an emissions-cheating scandal from its bondholders told a California federal judge Monday that the automaker improperly introduced evidence last week as part of its attempt to fend off the proposed class action.
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September 10, 2019
Bondholder Can't Claim Fraud From Unseen Docs, VW Says
A bondholder couldn't have been duped into buying allegedly overpriced Volkswagen bonds if it never saw — much less read — offering documents it claimed concealed the automaker's emissions-cheating scandal, Volkswagen told a California federal court Monday.
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August 12, 2019
Bondholders Say VW Can't Dump Emissions Fraud Suit
A proposed class of bondholders has challenged a bid to toss their claims that Volkswagen duped them into buying overpriced bonds by concealing its 2015 diesel emissions scandal, telling a California federal judge that the automaker didn't meet its burden of proof to ditch the case.
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July 02, 2019
VW Wants Bondholder Emissions Fraud Suit Nixed For Good
Volkswagen told a California federal judge Tuesday a bondholder's proposed class claims that it was duped into buying overpriced bonds through purportedly misleading offering documents that concealed the automaker's 2015 diesel emissions scandal don't hold up if it never actually read the documents.