• Home
  • About
  • ‘Enforcement 40’ for 2020
  • Webcasts
  • Enforcement Hall of Fame
  • Contact
Securities Docket
Experts in Risk
  • Class Actions
  • Criminal
  • Events
  • Features
  • Global
  • People
  • SEC
Browse: Home / 2023 / April / 04 / VW fights ‘draconian’ SEC sanction bid in emissions case | Reuters

VW fights ‘draconian’ SEC sanction bid in emissions case | Reuters

By Securities Docket on April 4, 2023, 7:48 am

Volkswagen AG has asked a U.S. judge to reject what the German automaker called a “draconian” bid from the U.S. Securities and Exchange Commission to punish the company for an employee who allegedly refuses to be questioned as part of the agency’s VW emissions cheating scandal case.

VW said in a filing on Friday in San Francisco federal court that the company had “repeatedly” asked employee Thorsten Duesterdiek to sit for a deposition in the litigation or sign a sworn declaration. VW said German law bars the company from taking any adverse action over his alleged refusal to testify.

Source: VW fights ‘draconian’ SEC sanction bid in emissions case | Reuters

Posted in SEC, Top | Tagged VW

« Previous Next »

Subscribe

‘Enforcement 40’ for 2020

Our Sponsors

Securities-Docket_260x125_14Sec

Join Us On LinkedIn

Join the Securities Litigation and Enforcement Group on LinkedIn

Archives

Copyright © 2023 Securities Docket.

  • Home
  • About
  • ‘Enforcement 40’ for 2020
  • Webcasts
  • Enforcement Hall of Fame
  • Contact
  • Criminal
  • Class Actions
  • Features
  • Global
  • People
  • SEC
  • Events