Former VW CEO Martin Winterkorn was also charged in the indictment filed Tuesday. He left the automaker days after the diesel scandal broke in 2015.
Volkswagen CEO Herbert Diess and chairman Hans Dieter Poetsch were charged with market manipulation by a German court, according to an indictment filed Tuesday. The case alleges the two misled investors by not telling them about the company's 2015 diesel emissions scandal early enough. Former CEO Martin Winterkorn was also charged in the indictment. Winterkorn left the automaker just days after news of the scandal broke.
Volkswagen CEO Herbert Diess and chairman Hans Dieter Poetsch were charged with market manipulation by a German court, according to an indictment filed Tuesday. The case alleges the two misled investors by not telling them about the company's 2015 diesel emissions scandal early enough. Former CEO Martin Winterkorn was also charged in the indictment. Winterkorn left the automaker just days after news of the scandal broke.
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VW Executives Charged With Misleading Shareholders Over Diesel EmissionsVolkswagen Chief Executive Herbert Diess, Chairman Hans Dieter Pötsch, and former CEO Martin Winterkorn have been charged by German prosecutors on suspicion of misleading shareholders in the months before the 2015 diesel emissions-cheating scandal became public.
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