Law firm TISAB said the lawsuit was over whether VW neglected its duty to the capital markets regarding the timeframe between June 2008 and Sept. 18, 2015. Calpers 's woes continue, as institutional investors file a $ $3.61 billion lawsuit over Volkswagen 's emissions scandal. Nearly 300 large investors, including the UK pension fund Volkswagen and German insurance firms, are suing VW for breaching its obligations to capital markets. Investors from the UK have also been invited to join in the multi-billion lawsuit, which was filed at a regional court in Braunschweig in VW's home state of Lower Saxony . The lawsuit will focus on whether the company neglected its duty to the capital markets between June 2008 and June 2008 . VW says it cannot comment as it has not been sent the lawsuit. This comes as a former VW employee, Daniel Donovan , accuses the firm of deleting documents of evidence, thereby obstructing justice.
Calpers 's woes continue, as institutional investors file a $ $3.61 billion lawsuit over Volkswagen 's emissions scandal. Nearly 300 large investors, including the UK pension fund Volkswagen and German insurance firms, are suing VW for breaching its obligations to capital markets. Investors from the UK have also been invited to join in the multi-billion lawsuit, which was filed at a regional court in Braunschweig in VW's home state of Lower Saxony . The lawsuit will focus on whether the company neglected its duty to the capital markets between June 2008 and June 2008 . VW says it cannot comment as it has not been sent the lawsuit. This comes as a former VW employee, Daniel Donovan , accuses the firm of deleting documents of evidence, thereby obstructing justice.