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Volkswagen agreed to a $14.7 billion settlement, which included $2.7 billion for an independent mitigation trust that would be administered by local governments in an effort to reduce NOx ...
The lawsuits drove the company to declare bankruptcy in 1995, before it agreed to pay $2.3 billion to settle claims from 240,000 women in amounts ranging from $2,000 to $250,000 each in 2004 ...
Volkswagen diesel sales in the US rebound, Clean Diesels win several environmental awards, receive tax breaks: 2013: International Council on Clean Transportation asks WVU CAFEE to help demonstrate the benefits of US diesel technology, hoping to have Europe follow suit: May 2014: Instead, CAFEE finds discrepancies showing poor on-road emissions.
The total value of the settlement is worth about $800 million, though FCA did not admit liability, and it did not resolve an ongoing criminal investigation. [39] In October 2020, Fiat Chrysler faced a £5 billion class-action lawsuit in the UK due to over half a million Fiat, Alfa Romeo, Jeep, Iveco and Suzuki vehicles having these defeat devices.
Negotiate the amount of the 1099 income before you finalize the settlement: Before you sign the settlement agreement, define whether or not the defendant will issue a Form 1099 or not. If they ...
World-Wide Volkswagen Corp v. Woodson, 444 U.S. 286 (1980), is a United States Supreme Court case involving strict products liability, personal injury and various procedural issues and considerations.
At the time, the presiding judge suggested that the two sides could consider a settlement, which he said would be possible though very difficult. Volkswagen, German consumer group in diesel ...
The settlement includes those who received erroneous overdraft fees in their checking accounts, misapplied payments in their auto loans and even negligent foreclosure proceedings.