U.S. Court Upholds Volkswagen Settlement With Diesel Vehicle Owners -- Reuters

Date : 07/09/2018 @ 6:11PM
Source : Dow Jones News
Stock : Volkswagen (PC) (VLKAY)
Quote : 32.01  0.0 (0.00%) @ 1:00AM

U.S. Court Upholds Volkswagen Settlement With Diesel Vehicle Owners -- Reuters

Volkswagen (PC) (USOTC:VLKAY)
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--A U.S. appeals court upheld the $10.03 billion settlement between Volkswagen AG and owners of almost 500,000 diesel vehicles, Reuters reported Monday.

--The U.S. 9th Circuit Court of Appeals dismissed objections to the 2016 settlement, the report said.

--Monday's decision was related to the settlement covering owners and former owners of 475,000 polluting 2.0-liter vehicles, Reuters said.

 

Full story: https://www.reuters.com/article/us-volkswagen-emissions/u-s-appeals-court-upholds-volkswagens-10-billion-diesel-settlement-idUSKBN1JZ21G

 

Write to copydesk@wsj.com

 

(END) Dow Jones Newswires

July 09, 2018 12:56 ET (16:56 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.

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