SEC charges VW, former CEO with defrauding US investors – Fox Business

The Trump administration charged Volkswagen AG with defrauding U.S. investors, the latest fallout from an emissions scandal that has plagued the German carmaker for years. The Securities and Exchange Commission on Thursday said Volkswagen and former CEO Martin Winterkorn issued over $13 billion in securities, despite knowledge among executives that the firm was illegally circumventing federal…

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