Despite having reached a partial settlement earlier last month, of which these three states were a part, they have again filed fresh lawsuits.
Despite of having announced settlements plans with embattled auto manufacturer in June, three U.S. states plan on unveiling lawsuits against Volkswagen AG for its installation of emissions-cheating software in its diesel vehicles.
In a news release, Brian E. Frosh, Maryland’s Attorney General has disclosed that further details of the lawsuits will follow. The lawsuits revolve around Volkswagen defrauding investors and violating state environmental laws.
According to a source who is familiar with the matter at hand, Massachusetts and New York are set to file separate lawsuits although they share a common issue.
Earlier last month, the state of New York along with 43 other states, including Massachusetts and Maryland had stated that they had reached a “partial settlement” with VW worth $603 million. On its part, Volkswagen had disclosed that the settlement amount resolves existing and all potential state consumer protection claims.
These fresh lawsuits are the latest headaches stemming from VW’s diesel emission scandal and are a sign that its troubles are far from over.
Volkswagen is also facing an ongoing criminal investigation by the Justice Department.
A spokesman for New York Attorney General Eric T. Schneiderman, declined to comment or confirm the filing of the lawsuit by the state.
“These partial settlements announced today exact a stiff price from Volkswagen for its deception of consumers and the environmental damage it has caused in New York and across the country,” Schneiderman had said last month while noting the state’s ongoing investigation.
Categories: Entrepreneurship, HR & Organization, Regulations & Legal, Strategy
Leave a comment