Volkswagen, in another action to move past its pricey diesel emissions cheating scandal, has concurred to pay $175 million to U.S. attorneys suing the German automaker on behalf of the owners of 475,000 polluting automobiles, two individuals briefed on the contract stated on Friday.
In August, the legal representatives in the class action lawsuits looked for as much as $332.5 million in charges and expenses for their activity in a $10 billion settlement that gives U.S. owners of 2.0 liter polluting vehicles the ability to sell back their automobiles to Volkswagen.
The newest offer with the attorneys means Volkswagen now has actually consented to spend about $16.7 billion to compensate U.S. owners and address claims from states, federal regulators and dealerships emerging from the “Dieselgate” scandal.
The quantity to be paid to lawyers was first reported by Reuters on Friday.
The $175 million includes lawyers’ costs and other charges, according to the sources, who spoke on condition of anonymity.
Attorneys for the owners of polluting cars and a spokesperson for Volkswagen refused to comment.
