nearly 300 investors from across the world claim the carmaker failed to retain the markets informed about the emissions scandal nearly 300 institutional investors in Volkswagen have filed a multi-billion dollar suit against the carmaker for what they claim were breaches of its stock market duty in the emissions cheating scandal. The lawsuit,for damages of €3.3bn ($3.6bn), was filed at a regional court in Braunschweig in VW’s domestic state of Lower Saxony on Monday and is being brought by 278 investors from all over the world, and including German insurers and US pension fund Calpers.
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Source: theguardian.com