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Los Angeles Times reported "SEC charges Volkswagen and its former CEO with defrauding investors" on Friday

[] Saying he took responsibility for the fraud, Winterkorn resigned, but he insisted he personally did nothing wrong The SEC's complaint charges Volkswagen AG, its subsidiaries Volkswagen Group of America Finance, LLC and VW Credit, Inc., and Winterkorn with violating the anti-fraud provisions of the federal securities laws The SEC says the automaker issued more than $13 billion in bonds and asset-backed securities in U.S. markets when senior executives knew that thousands of vehicles exceeded vehicle emissions limits

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SEC charges VW, former CEO with defrauding US investors Congresswomen warn against President Trump’s auto tariffs Rep As we allege, Volkswagen hid its decade-long emissions scheme while it was selling billions of dollars of its bonds to investors at inflated prices Ticker Security Last Change %Chg VWAPY n.a

Volkswagen, ex-CEO Winterkorn face SEC charges of misleading U.S. investors In a news release issued late Thursday, the SEC said the German auto maker raised billions of dollars through the corporate bond and fixed-income markets, while making a series of deceptive claims about the environmental impact of the company’s clean diesel fleet Also popular on WSJ.com: Want news about Europe delivered to your inbox Subscribe to MarketWatch's free Europe Daily newsletter We Want to Hear from You Join the conversation Comment

Volkswagen, ex-CEO Winterkorn face SEC charges of misleading U.S. investors In a news release issued late Thursday, the SEC said the German auto maker raised billions of dollars through the corporate bond and fixed-income markets, while making a series of deceptive claims about the environmental impact of the company’s clean diesel fleet Also popular on WSJ.com: Want news about Europe delivered to your inbox Subscribe to MarketWatch's free Europe Daily newsletter We Want to Hear from You Join the conversation Comment

SEC charges Volkswagen, former CEO Martin Winterkorn with lying to investors More newsletters By concealing the emissions scheme, Volkswagen reaped hundreds of millions of dollars in benefit by issuing the securities at more attractive rates for the company, the SEC said in a statement The company has since pivoted toward a massive investment in electric vehicles, which do not cause emissions