Daimler Must Give Judge More Info On $19M Emissions Deal

Law360 (June 25, 2020, 1:46 PM EDT) -- A California federal judge is asking Daimler AG and its shareholders for more information on a $19 million settlement intended to end claims the company inflated its stock by using cheat devices to fool emissions tests before she will grant preliminary approval of the deal.

U.S. District Judge Dale S. Fischer sent a list of six requests to Daimler and its shareholders Wednesday, saying she required the information before she could make a decision on the deal.

Two questions focus on A.B. Data Ltd., which was chosen as the settlement administrator. Judge Fischer asked Daimler and the shareholders how the company...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!