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'Mystified' judge asks why SEC sued VW two years after emissions scandal

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The U.S. Securities and Exchange Commission (SEC) on Monday defended the pace of its investigation into Volkswagen AG after a judge asked why the agency waited two years after a global scandal related to vehicle emissions to sue the automaker. The SEC filed a civil suit in March accusing Volkswagen and its former chief executive, Martin Winterkorn, of defrauding investors in U.S. bond offerings. Volkswagen was caught using illegal software to cheat U.S. pollution tests in 2015, triggering a gl

Continue reading 'Mystified' judge asks why SEC sued VW two years after emissions scandal

'Mystified' judge asks why SEC sued VW two years after emissions scandal originally appeared on Autoblog on 2019-07-09 08:32:00. Please see our terms for use of feeds.

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