Try our Advanced Search for more refined results

United States Securities and Exchange Commission v. Volkswagen Aktiengesellschaft et al

  1. March 15, 2024

    SEC, VW Reach $48.7M Deal To End 'Clean Diesel' Fraud Suit

    The U.S. Securities and Exchange Commission and Volkswagen Group of America Finance told a California federal court on Friday that they have reached a $48.7 million settlement to end claims that the automaker defrauded U.S. investors in its scheme to cheat emissions standards in its vehicles.

  2. April 24, 2023

    VW Escapes SEC Sanction Bid Over Noncompliant Employee

    Volkswagen won't be punished after an employee refused to answer U.S. Securities and Exchange Commission questions about the automaker's attempts to bypass environmental regulations because the company tried its hardest to get the employee to testify, a California federal judge has ruled. 

  3. March 24, 2023

    VW Pushes Back On SEC's Sanctions Bid Over Deposition

    Volkswagen has argued that it has done everything it can under U.S. and German law but that it can't force an employee to be deposed in a U.S. Securities and Exchange Commission suit over the automaker's so-called defeat devices, which allowed thousands of "Clean Diesel" vehicles to cheat emissions tests.

  4. March 17, 2023

    SEC Wants VW Sanctioned For Refusing Critical Deposition

    The U.S. Securities and Exchange Commission on Friday asked a California federal court to sanction Volkswagen for refusing to let the agency depose a key employee in litigation over the automaker's so-called defeat devices, which allowed thousands of "Clean Diesel" vehicles to cheat emissions tests.

  5. February 07, 2023

    SEC Can't Force VW To Name Who Knew About Cheat Devices

    A California federal magistrate judge held on Tuesday that the U.S. Securities and Exchange Commission can't force Volkswagen to disclose every "officer, director or employee" who allegedly knew about its use of so-called defeat devices that allowed thousands of clean diesel vehicles to cheat emissions tests, upholding the automaker's work-product objection.

  6. July 22, 2022

    SEC Can't Make VW Identify Key Jones Day Emissions Docs

    A California magistrate judge has rejected the U.S. Securities and Exchange Commission's bid to force Volkswagen to help it pinpoint key findings from Jones Day's internal investigation into the 2015 "clean diesel" emissions-cheating scandal that were shared with the U.S. Department of Justice during a separate fraud probe.

  7. September 27, 2021

    SEC Loses Bid To Share Secret VW Emissions Suit Docs

    A California federal judge slammed the U.S. Securities and Exchange Commission's request to share confidential Volkswagen documents connected to the agency's lawsuit over the automaker's emissions scandal, saying the idea "eviscerates" the concept of a protective order and would be "unprecedented."

  8. February 05, 2021

    VW Can't Use 'Unclean Hands' Defense In SEC Emissions Suit

    A California federal judge has granted the U.S. Securities and Exchange Commission's bid to strike Volkswagen's "unclean hands" defense against allegations that the German automaker defrauded U.S. investors by hiding its emissions cheating scheme.

  9. January 20, 2021

    SEC Rips VW's 'Unclean Hands' Defense In Diesel Fraud Suit

    The U.S. Securities and Exchange Commission urged a California federal judge to snuff Volkswagen's bid to use an "unclean hands" defense against the SEC's allegations that the German automaker defrauded U.S. investors by failing to disclose its "clean diesel" emissions cheating scheme, arguing there's no constitutional harm.

  10. January 12, 2021

    VW Seeks 'Unclean Hands' Defense In SEC Diesel Row

    Volkswagen on Monday told a California federal court that it should be allowed to use an "unclean hands" defense against the U.S. Securities and Exchange Commission's claims that the automaker defrauded U.S. investors by failing to disclose its "clean diesel" emissions cheating scheme.