Litigation
Oct. 27, 2016
SF judge approves $14.7B VW settlement, but company still faces inquiries
Volkswagen AG isn't off the hook yet, even after a San Francisco federal judge on Tuesday approved a $14.7 billion settlement that will resolve litigation concerning a half million cars it rigged to fool U.S. emissions tests.
Daily Journal Staff Writer
Volkswagen AG isn't off the hook yet, even after a San Francisco federal judge on Tuesday approved a $14.7 billion settlement that will resolve litigation concerning a half million cars it rigged to fool U.S. emissions tests.
While the agreement relieves VW of much of its civil liability, the German auto giant remains vulnerable to lawsuits and criminal investigations in the U.S. and abroad.
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