Pursuing multi-billion-dollar recovery for global investors in Volkswagen emissions-fraud litigation
Plaintiff(s):
Institutional investors
Case type / claims:
Securities fraud and market-manipulation claims arising from Volkswagen’s use of “defeat devices” to falsify emissions results, and related misconduct by VW and Porsche.
Defendant(s):
Volkswagen AG; Porsche Automobil Holding SE
Jurisdiction:
Braunschweig Regional Court, Germany
Year:
Active
Outcome:
- Representing more than 500 institutional investors that incurred nearly $3 billion in losses following revelations that VW equipped diesel vehicles with emissions-cheating software.
- KapMuG proceedings underway; investors must affirmatively opt in to recover.
