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Volkswagen said charges of securities-law violations against its CEO and board chairman are to be dropped in return for a 9 million-euro ($10 million) payment, removing a potential distraction for the company's management team as it copes with the virus crisis and oversees the rollout of a new generation of electric cars. CEO Herbert Diess and Chairman Hans Dieter Poetsch were charged in September with failing to tell investors in time about the company's looming diesel scandal in 2015. Prosec
Continue reading VW ends latest Dieselgate case against CEO, board chairman with $10 million settlement
VW ends latest Dieselgate case against CEO, board chairman with $10 million settlement originally appeared on
Autoblog on Wed, 20 May 2020 08:17:00 EDT. Please see our
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VW ends latest Dieselgate case against CEO, board chairman with $10 million settlemen
