Litigation
Aug. 4, 2016
Volkswagen wants securities class action dismissed
The company filed the motion in San Francisco federal court on Monday, aiming to relocate the class action filed by American investors to friendlier ground in Germany. significant implications for civil defendants and companies that employ such workers.
Daily Journal Staff Writer
Volkswagen is seeking dismissal of a securities class action brought in the wake of its admission to equipping half a million cars to cheat U.S. environmental tests.
The company filed the motion in San Francisco federal court on Monday, aiming to relocate the class action filed by American investors to friendlier ground in Germany.
The filing comes just days after U.S. District Judge Ch...
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In