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Investors took Volkswagen to court on Monday to ask compensation for the hit to the automaker’s share cost from its diesel emissions scandal, with plaintiffs holding out hopes for billions
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Porsche SE, the main investor of Volkswagen, is dealing with lawsuits from investors asserting the company did not divulge the financial dangers of Volkswagen’s emissions scandal discovered a year back.
Institutional investors are taking legal action against Volkswagen for $3.57 billion in damages over the firm’s handling of its emissions scandal, which has up until now seen the share cost
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