July 22, 2021
Pomerantz LLP has gotten a California federal judge's approval to represent a proposed class of Volkswagen investors who accuse the automaker of artificially inflating its stock price by making an April Fool's Day joke saying it would change its name to "Voltswagen."
April 30, 2021
A Volkswagen investor accused the company Friday of artificially inflating stock prices ahead of April Fool's Day, when it posted a press release announcing a name change to "Voltswagen" and confirmed the purported change to media outlets, despite no plans to actually use that name.