VW

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    Article

    Shareholders seeking $10.6 billion from VW over emissions disclosure

    2018-09-13T11:15:00Z

    Shareholders seeking damages worth €9.2 billion (U.S. $10.6 billion) have taken German car giant Volkswagen to court in Germany for failing to inform them fully of the financial impact that the emissions cheating scandal would have on the company’s share price.

  • Blog post

    How suppliers facilitate fraud and corruption

    2018-02-04T21:00:00Z

    Compliance officers should always remember there is a bribe receiver in a corruption case. That is why it is important to know not only your third party, but also with whom you are doing business.

  • Blog post

    VW: The comeback begins

    2018-01-25T15:00:00Z

    VW is currently demonstrating it can use a corporate scandal to wipe the corporate slate clean by refocusing on the emerging technologies for a greater business share.

  • Blog post

    Germans arrest VW executive

    2017-10-19T09:15:00Z

    Will the recent arrest of VW former Chief Engineer Wolfgang Harz mean more prosecutions of those involved in the worldwide cover-up of the emissions testing scandal? Tom Fox has more.

  • Blog post

    VW enters a new penalty phase

    2017-08-06T17:00:00Z

    A significant source of funding or loan guarantees for VW may have become impaired, making the emissions-testing scandal and the attendant penalty phase potentially even more damaging for the automaker.

  • Blog post

    Change in prosecutorial strategy in VW case?

    2017-07-18T16:45:00Z

    The recent arrest of an italian citizen in Germany, a former VW employee, may mean the government intends to bring charges against lower-level employees in an attempt to get them to flip on senior employees who were involved in the fraud.

  • Blog post

    German Chancellor questioned in VW scandal

    2017-03-06T17:00:00Z

    What did German Chancellor Angela Merkel know and when did she know it? A German parliamentary investigation seeks to uncover the truth about how much Merkel knew about diesel emissions standards and the VW case.

  • Blog post

    Oliver Schmidt—not quite Sgt. Schultz

    2017-03-01T09:00:00Z

    “I see nothing! I hear nothing! I know nothing!” seems to be the rallying cry of former head of emissions compliance in the U.S. for Volkswagen Oliver Schmidt, who claims during the VW scandal, “he was a minor player misled by company lawyers and information technology specialists.”

  • Blog post

    VW: Fraud at the top?

    2017-01-30T09:30:00Z

    More bad news for Volkswagen, as German authorities have expanded their investigation to 37 individuals from 21, including former CEO Martin Winterkorn. Tom Fox reports.

  • Blog post

    The optics couldn’t be worse—VW departs its CCO

    2017-01-27T08:30:00Z

    Barely a year after Christine Hohmann-Dennhardt took the position of head of compliance at Volkswagen, she is leaving the company. The Man From FCPA Tom Fox reports.