SEC Investigates Volkswagen's Name Change Joke -Spiegel
April 30 2021 - 5:15AM
Dow Jones News
--The U.S. Securities and Exchange Commission is investigating
whether Volkswagen influenced its share price when it joked about
rebranding itself as 'Voltswagen,' German news magazine Spiegel
reports.
--The investigations are at an early stage and the company
confirmed to Spiegel that the SEC had requested information from
its U.S. subsidiary Volkswagen Group of America, according to the
magazine.
--Volkswagen declined to comment to The Wall Street Journal.
Full story (in German): https://bit.ly/3u6SdU1
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(END) Dow Jones Newswires
April 30, 2021 05:00 ET (09:00 GMT)
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