SEC Sues VW, Ex-CEO over Diesel Emissions Scandal, Alleging Massive Investor Fraud

The U.S. Securities and Exchange Commission (SEC) is suing Volkswagen (VW) and its former chief executive Martin Winterkorn over the German automaker’s diesel emissions scandal, alleging a “massive fraud” on U.S. investors. VW was caught using illegal software to cheat …

from News – Insurance Journal