Volkswagen AG reached an agreement with German consumer group VZBV to settle claims from hundreds of thousands of diesel-car owners on its home turf who argued that their vehicles lost value in the wake of the emission-cheating scandal. VW agreed to pay 830 million euros ($912 million) as part of the settlement, the company said… Continue reading VW Reaches $912 Million Pact in German Car-Owners’ Mass Lawsuit
Tag: class-action suit
AbbVie to Pay $16.8M in Fraud Suit Settlement
Plaintiffs attorneys stand to make $5 million from the proposed $16.75 million settlement of a class action suit by investors against North Chicago-based drugmaker AbbVie, which alleged the company hid information that led investors to lose money after AbbVie backed out of a merger with a European company. A group of hedge funds and other… Continue reading AbbVie to Pay $16.8M in Fraud Suit Settlement