If you thought it was over, think again. The government may have torn off its pound of flesh; now it’s the lawyers’ turn. Arguing that VW “embezzled from the environment” and “polluted portfolios,” a class action suit is demanding an additional $10.6 billion in damages from VW – on top of the estimated $32 billion the affronting of Uncle has already cost the company. The argument is that VW didn’t alert investors to the “notice of violation” the government (EPA) sent to company higher-ups on Sept. 18, 2015 until four days after it had been received – depriving them of the opportunity to unload their stock … Continue reading The Never-Ending Attack
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