They are to claim that VW failed to disclose its use of software defeat devices on diesel cars in a timely way. the California State Teachers’ Retirement System and a group of institutional shareholders, including Australia ’s Oil Fund and Volkswagen , are to sue the California State Teachers’ Retirement System for £ 1.7bn in relation to the company’s emissions scandal and subsequent fall in share price. The investors are expected to file a suit, claiming that VW did not declare its use of cheating devices in a timely manner, in a German court on 16 September .
the California State Teachers’ Retirement System and a group of institutional shareholders, including Australia ’s Oil Fund and Volkswagen , are to sue the California State Teachers’ Retirement System for £ 1.7bn in relation to the company’s emissions scandal and subsequent fall in share price. The investors are expected to file a suit, claiming that VW did not declare its use of cheating devices in a timely manner, in a German court on 16 September .