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U.S. charges two FCA managers with cheating emissions tests

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallApr 20th, 2021

Outcome Health, whose former executives await trial in $1 billion fraud case, merges with Ohio-based company

Former highflying Chicago tech startup Outcome Health, whose former executives are facing federal criminal charges for an alleged $1 billion fraud scheme, is merging with a Cincinnati-based company .....»»

Category: topSource: chicagotribuneMar 9th, 2021

With first Missouri sale, Orange EV is feeling the fahrvergnügen

Riverside-based Orange EV sold its first electric terminal truck in Missouri with help from a fund Volkswagen established after its emissions cheating scandal......»»

Category: topSource: bizjournalsMay 6th, 2020

Volkswagen Hit With $86.2 Million Fine For Emissions Cheating

German car-maker Volkswa.....»»

Category: blogSource: benzingaDec 20th, 2019

Volkswagen takes one-two punch in Australia with fine, lawsuit

Volkswagen AG took two raps in Australia on Friday as a court slapped a A$125 million ($86 million) fine on the German car maker as part of a global emissions cheating scandal and a regulator launched a civil lawsuit against a unit......»»

Category: topSource: reutersDec 20th, 2019

Volkswagen takes one-two punch in Australia with fine, regulatory proceedings

Volkswagen AG took two raps in Australia on Friday as a federal court upheld a fine on the German car maker as part of a global diesel emissions cheating scandal and a regulator started penalty proceedings against one of its financial units......»»

Category: topSource: reutersDec 20th, 2019

Volkswagen gets more time from U.S., auditor to comply with diesel settlement terms

Volkswagen will get 90 more days to test its compliance programs required under a criminal plea agreement with the U.S. government after an emissions cheating scandal, the German carmaker said on Thursday......»»

Category: topSource: reutersOct 17th, 2019

Volkswagen rejects judge"s call to settle German class action on emissions

Volkswagen on Monday rejected a German judge's call to settle a customer class action lawsuit over its rigging of diesel emissions tests, saying there was no case to answer......»»

Category: topSource: reutersSep 30th, 2019

VW board, workers support top managers despite indictment

Volkswagen's supervisory board and workers on Wednesday gave their backing to the carmaker's top managers a day after German prosecutors pressed charges related to the diesel emissions scandal......»»

Category: topSource: reutersSep 25th, 2019

Volkswagen CEO, chairman will stay in office despite charges: supervisory board

Volkswagen's chief executive and chairman will stay in office, the company's supervisory board said in a statement on Wednesday, a day after German prosecutors pressed charges against them for their role in a diesel emissions scandal......»»

Category: topSource: reutersSep 25th, 2019

Top Volkswagen executives charged with market manipulation in emissions scandal

The emissions scandal has cost Volkswagen $33 billion euros since it broke in 2015......»»

Category: topSource: washpostSep 24th, 2019

Top Volkswagen executives charged with market manipulation in emissions scandal

The emissions scandal has cost Volkswagen $33 billion euros since it broke in 2015......»»

Category: topSource: washpostSep 24th, 2019

Volkswagen agrees to Australian settlement over diesel cheating

Volkswagen said on Monday it had agreed to pay up to A$127 million ($87.3 million) to settle lawsuits brought on behalf of thousands of Australian customers caught up in its global diesel emissions cheating scandal......»»

Category: topSource: reutersSep 16th, 2019

Porsche to pay 535 million euro fine over diesel cheating

German prosecutors imposed a 535 million euro ($598 million) fine on German luxury carmaker Porsche, a unit of Volkswagen, as punishment for lapses in supervisory duties which allowed the company to cheat diesel emissions tests. Edward Baran reports......»»

Category: smallbizSource: nytMay 7th, 2019

Porsche to pay 535 mln euro fine over diesel cheating

German prosecutors imposed a 535 million euro ($598 million) fine on German luxury carmaker Porsche, a unit of Volkswagen, as punishment for lapses in supervisory duties which allowed the company to cheat diesel emissions tests. Edward Baran reports......»»

Category: videoSource: reutersMay 7th, 2019

VW"s Porsche agrees to 535 million euro fine in diesel case

Volkswagen's Porsche division says it has agreed with prosecutors to pay a 535 million euro ($598 million) fine for negligent oversight for installing engines that violated emissions norms......»»

Category: topSource: foxnewsMay 7th, 2019

Volkswagen unit Porsche to pay 535 million euro fine over diesel cheating

German prosecutors imposed a 535 million euro ($598 million) fine on German luxury carmaker Porsche AG, a unit of Volkswagen, as punishment for lapses in supervisory duties which allowed the company to cheat diesel emissions tests......»»

Category: topSource: reutersMay 7th, 2019

Rochester Drug to pay $20M in first criminal opioid case

The indictment marked the first ever federal criminal charges against company executives for conspiring to illegally distribute opioids......»»

Category: topSource: moneycentralApr 23rd, 2019

Rochester Drug to pay $20M in first criminal opioid case

The indictment marked the first ever federal criminal charges against company executives for conspiring to illegally distribute opioids......»»

Category: topSource: moneycentralApr 23rd, 2019

German prosecutors probe bonus payments to suspended VW manager

German prosecutors are investigating a possible breach of fiduciary duty by Volkswagen over bonus payments made to an executive who was suspended over the carmaker's emissions cheating scandal......»»

Category: topSource: reutersApr 23rd, 2019