Volkswagen to Pay EUR9 Million in Settlement Involving CEO, Chairman -Manager Magazin
May 20 2020 - 3:22AM
Dow Jones News
--Volkswagen will pay a total of EUR9 million to end proceedings
against CEO Herbert Diess and Chairman of the Supervisory Board
Hans Poetsch, as part of a diesel scandal settlement, Manager
Magazin reports.
--The settlement ends a criminal probe investigating whether Mr.
Diess and Mr. Poetsch failed to inform shareholders of the 2015
diesel scandal in a timely manner, Manager Magazin says.
Full story: https://bit.ly/2TnP6GW
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(END) Dow Jones Newswires
May 20, 2020 03:07 ET (07:07 GMT)
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