Litigation
Jan. 25, 2017
SF judge approves Volkswagen's settlement with franchise dealers
Volkswagen settled claims brought by its network of branded franchise dealers Monday regarding the automaker's scandal over emission control devices for $1.67 billion. The average settlement payout per class member is $1.85 million.
Daily Journal Staff Writer
Volkswagen AG settled claims brought by its network of branded franchise dealers Monday regarding the automaker's scandal over emission control devices for $1.67 billion. The average settlement payout per class member is $1.85 million.
The settlement was unanimously approved by the dealers, with 99 percent of the class members participating.
U.S. District Judge Cha...
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