All VW articles

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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.

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    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.

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    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.

  • Blog post

    Next in line for regulatory troubles, Fiat?

    2017-01-16T09:15:00Z

    Fiat, which was recently flagged by the EPA for pollution violations, could be a reminder to companies to scour the news for details on any regulatory investigations of their peers and perhaps to begin scrutinizing their own books and records, says The Man From FCPA Tom Fox.

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    On the death of the ‘rogue engineer’

    2017-01-13T09:00:00Z

    For The Man from FCPA Tom Fox, the most interesting thing about the Volkswagen indictments were not that ‘rogue engineers’ were charged but that executives who participated in the cover-up were indicted.

  • Blog post

    Second VW exec arrested: those pesky e-mails

    2017-01-09T16:15:00Z

    As the recent arrest of another VW executive (this time in the United States) unfolds, The Man From FCPA Tom Fox ponders whether VW will actively assist U.S. law enforcement authorities in performing a substantive internal investigation.

  • Blog post

    When the regulators fail

    2016-12-20T08:30:00Z

    Tom Fox looks at an untapped area of concern with the Volkswagen emissions scandal: Why did no EU regulator catch on earlier?

  • Blog post

    Will VW impact international settlements for bribery and corruption?

    2016-08-24T03:30:00Z

    The Man From FCPA Tom Fox explores the fallout from VW’s emissions-testing scandal and how the company will make restitution going forward to its customers, dealers, and other stakeholders.

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    Potential VW criminal resolution—an early test for Yates Memo?

    2016-08-16T16:45:00Z

    A look at potential VW criminal resolutions brings up several questions, says Tom Fox, around  type of resolution; individual liability; and more. Will this test the DoJ’s Yates Memo?

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    What states’ suit against VW means for corporate officer liability

    2016-08-01T14:15:00Z

    New York, Maryland, and Massachusetts are claiming that top managers at VW were either specifically involved in the development and implementation of vehicle defeat devices, or knew of the issues that led to their creation. What does this mean for VW’s future—and, for that matter, what does it mean for ...

  • NorwayImage
    Blog post

    Of power and responsibility

    2016-05-17T09:15:00Z

    With great power comes great responsibility. The Norwegian Oil Fund already knows that, but it appears the company will give the entire world a responsiblity lesson as it takes more interest in the corporate governance policies of those firms in which it invests. The Man From FCPA Tom Fox has ...

  • Blog post

    Don’t put illegal conduct in power point slide presentations

    2016-05-02T13:45:00Z

    “Death by PowerPoint” is a typical description of really poor presentation technique, but it might just be a way to describe how some companies accidentally self-report their own corruption. Tom Fox has more.

  • Blog post

    Police Raid VW’s French HQ in Search of Critical Data

    2015-10-19T10:30:00Z

    According to the Telegraph, as part of an ongoing probe into a pollution-cheating scheme, police swept through Volkswagen’s main office in Villers-Cotterets in northern France and another office near Paris on Friday, seizing data devices, documents, and computer hardware. The automatker, which is facing large fines, legal costs,and class-action ...