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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......»»

German prosecutors are pressing criminal charges against the CEO, chairman, and a former CEO of Volkswagen, saying they intentionally delayed telling investors about the carmaker's cheating of U.S diesel emissions tests. David Pollard reports......»»

German prosecutors have brought criminal charges of stock market manipulation against Volkswagen CEO Herbert Diess, former CEO Martin Winterkorn and Chairman Hans Dieter Poetsch in connection with the carmaker's emissions cheating scandal......»»

Lumber Liquidators Holdings Inc has agreed to pay a $33 million criminal penalty to settle federal charges it misled investors about the safety of its laminate flooring made in China and sold to U.S. customers......»»

The U.S. Justice Department on Thursday disclosed the filing of criminal charges against former Volkswagen CEO Martin Winterkorn, accusing him of conspiring to cover up the German automaker's diesel emissions cheating......»»

The German government is considering tougher sanctions against companies that foster criminal behavior in the wake of Volkswagen's diesel emissions scandal, the country's justice minister said......»»

The German government is committed to introducing tougher sanctions against companies that foster criminal behavior in the wake of Volkswagen's diesel emissions scandal, the country's justice minister said......»»

A German court on Wednesday ordered Porsche Automobil Holding SE to pay shareholders 47.2 million euros ($53.8 million) in compensation for violating disclosure rules over an emissions scandal at its main investment Volkswagen ......»»

State Street Corp agreed to pay a $115 million criminal penalty and enter a deferred prosecution agreement to resolve charges it defrauded customers by secretly overcharging them for expenses, the U.S. Department of Justice said on Thursday......»»

Car company brand reputations are precious. Volkswagen found that out the hard way with an emission scandal that started in 2015 and affected over 10 million cars. VW lost billions of dollars, and........»»

Cuomo Hires Criminal Defense Attorney, Avoids Public As Scandals Mount Update (1525ET): The WSJ was incorrect in claiming Abramowitz was representing Cuomo's office for his sexual harassment scandal, telling Bloomber.....»»

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

Volkswagen said its diesel cheating scandal has cost it 31.3 billion euros ($34.69 bln) in fines and settlements, and the German carmaker expects cash outflows to continue until 2021, adding that these have already been provisioned for......»»

Volkswagen said its diesel cheating scandal has cost it 31.3 billion euros ($34.69 bln) in fines and settlements, and the German carmaker expects costs to rise by another 4.1 billion euros, Chief Financial Officer Frank Witter said on Tuesday......»»

Volkswagen's Autoeuropa car assembly plant near Lisbon has reduced its daily output by 16% because of a shortage of workers after Portugal ordered all schools closed amid the coronavirus outbreak, the plant said on Monday in a statement. ´.....»»

Volkswagen and a major German consumer group said on Friday that they had reached an 830 million euro ($902.04 million) agreement in a class action lawsuit over the carmaker's rigging of diesel 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.....»»

Volkswagen and a major German consumer group have reached an agreement in a class action lawsuit over the carmaker's rigging of diesel emissions tests, a court in the northern city of Brunswick said on Friday......»»

REUTERS/B.....»»

Wells Fargo & Co. — the third-largest bank in Central Florida — has agreed to pay $3 billion in a settlement reached with the U.S. Department of Justice and the U.S. Securities and Exchange Commission. The settlement resolves criminal and civil inv.....»»