Skip to content
03/02/16
Wolfsburg
Technology

Volkswagen considers shareholder lawsuit to be without merit

Volkswagen Aktiengesellschaft today announced that the Company has submitted a statement of defense to the Braunschweig District Court (Landgericht Braunschweig) in connection with the allegation of a violation of disclosure obligations under capital markets law. After careful examination by internal and external legal experts, the Company confirms its belief that its Management Board duly fulfilled its disclosure obligation under German capital markets law. The Company emphasizes that this examination does not replace the independent investigation for the complete clarification of the diesel matter which is being conducted by the law firm Jones Day and is ongoing. The Company is making this public announcement to correct the selective and incomplete publication of documents in the media about the diesel matter and to avoid having partial excerpts of its statement of defense published in the media. Notwithstanding this, Volkswagen deeply regrets the incidents related to the diesel issue.

Your media contacts

Hans-Gerd Bode
Director Global Communications and Investor-Relations
Tel. +49-5361-9-24319
Eric Felber
Head of Corporate & Business Communications
Tel. +49 (0) 5361 / 9-87575