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Volkswagen

Foley Hoag LLP

CBP May Have Begun Long-Awaited Enforcement Action Against Auto Industry Under UFLPA – Reports Indicate Thousands of Volkswagen...

Foley Hoag LLP on

Customs and Border Protection Impounds Thousands of Volkswagen Vehicles - On February 14, 2024, it was reported that U.S. Customs and Border Protection (“CBP”) had impounded thousands of Volkswagen Group’s (“Volkswagen”)...more

Bodman

A UFLPA Update: US Customs Impounds Thousands of Vehicles with Suspected Banned Components

Bodman on

We write to alert you to a recent development on one of the topics discussed at the Bodman/Kharon/Miller & Chevalier Executive Briefing on Emerging Legal and Regulatory Issues Facing Automotive Companies held on May 23, 2023....more

The Volkov Law Group

UFLPA in Focus: Lessons to Be Learned from Volkswagen’s Recent Experience

The Volkov Law Group on

News recently published by multiple media outlets suggest that certain subcomponents incorporated into a variety of Volkswagen-owned vehicles—including cars manufactured by luxe brands Porsche, Bentley and Audi—were sourced...more

Kelley Drye & Warren LLP

Texas AG’s Broad Jurisdiction Results in Settlement with VW and Audi

Last month, the Texas Attorney General agreed to a settlement in principle with car manufacturers Audi and Volkswagen requiring them to pay a civil penalty of $85 million for alleged violations of the Texas Clean Air Act and...more

Proskauer - Corporate Defense and Disputes

Virginia Federal Court Finds Insufficient Connection Between Alleged Misstatements and Issuer of Unsponsored ADRs

A federal district court in Virginia recently held that the federal securities laws can apply to transactions in a foreign issuer’s unsponsored American Depositary Receipts (“ADRs”) that traded over the counter in the United...more

Jones Day

German Court Dismisses Climate-Related Lawsuit Against Volkswagen AG

Jones Day on

The regional court of Braunschweig, as competent court for the headquarters of Volkswagen AG ("VW"), rendered a decision that is a significant setback for climate litigation activists in Germany by fully dismissing a...more

Barnea Jaffa Lande & Co.

"Dieselgate" Effect: Israel Changes Rules of Game for Class Actions over Environmental Damage

Barnea Jaffa Lande & Co. on

The Tel Aviv District Court recently allowed a motion to certify a class action against the Volkswagen Group and its importer in Israel, Champion Motors Ltd. The class action focuses on the Dieselgate scandal, after an...more

Orrick, Herrington & Sutcliffe LLP

Volkswagen Fined 1.1 Million Euros for GDPR Violations During Test Drives

On 26 July 2022, the Lower Saxony data protection authority ("Lower Saxony DPA") announced that it has imposed a fine of 1.1 million euros on Volkswagen ("VW") due to GDPR violations. It found that VW has violated data...more

Robins Kaplan LLP

EY to Pay Record Fine to SEC Over Cheating on Ethics Test

Robins Kaplan LLP on

Auditing giant Ernst & Young will pay $100 million to U.S. authorities as part of a deal to resolve claims that “some of its auditors had cheated on ethics exams—and that the firm had done nothing to stop the practice.” That...more

Morrison & Foerster LLP - Federal Circuitry

Last Week In The Federal Circuit (March 7-11): March Madness Mandamus-Style

If your limited attention is diverted this week because of March Madness, never fear! We’ve got you covered at Federal Circuitry, where we’re always tracking the latest news at the Federal Circuit. Below we provide our usual...more

Robins Kaplan LLP

Volkswagen Nearing Porsche Unit IPO to Raise Cash for EV Push

Robins Kaplan LLP on

Volkswagen and company shareholders are “in advance talks that could lead to the initial public offering of the iconic Porsche AG sports-car maker.” Spinning off Porsche via IPO would help give VW the “fresh cash” in needs to...more

Skadden, Arps, Slate, Meagher & Flom LLP

Environmental Groups Have Sued Large German Companies To Reduce Their Products’ CO2 Emissions

Takeaways - Environmental groups have sued four large German companies, seeking to alter their products and activities to comply with climate goals far stricter than those set by German law. The cases derive in part...more

Whitman Legal Solutions, LLC

Going Green or Greenwashing?

Going green is popular – and it's good for business. Plus, with the SEC’s recent focus on disclosure about ESG (Environmental, Social, and Governance), going green is no longer optional for public companies. However, as...more

Kidon IP

A Reckoning for Automotive Holdouts? or Are SEP Holders Getting Fed Up?

Kidon IP on

Readers of this blog will understand that many of the key automotive OEMs have been refusing for quite some time to take what, by any measure, is a very reasonable license to most of the key wireless SEPs. Instead, these OEMs...more

Cadwalader, Wickersham & Taft LLP

Securities Litigation Update: Courts of Appeals Weigh in on American Pipe Tolling and the Affiliated Ute Presumption of Reliance

The Third Circuit extended American Pipe tolling to the period before a decision on class-certification, opening a new avenue for potential class members to assert otherwise untimely individual securities claims.  The Ninth...more

Robinson & Cole LLP

Data Privacy + Cybersecurity Insider - July 2021

Robinson & Cole LLP on

CYBERSECURITY - Law Enforcement Takes Down DoubleVPN - I love seeing another win for law enforcement in the cyber context. Servers and web domains owned by DoubleVPN, a virtual private network, were seized recently...more

Robinson+Cole Data Privacy + Security Insider

Volkswagen and Audi Hit with Data Breach Class Action

This week, Volkswagen AG’s U.S. entity and its Audi brand were hit with a class action for a data breach that allegedly compromised 3.3 million consumers’ personal information. ...more

Robins Kaplan LLP

Financial Daily Dose 4.14.2021 | Top Story: Crypto Exchange Coinbase Makes Public Debut on Nasdaq

Robins Kaplan LLP on

The Nasdaq has set Coinbase’s reference price at $250/share ahead of today’s first day of trading for the crypto exchange that’s making its public debut via direct listing ...more

Robins Kaplan LLP

Financial Daily Dose 3.22.2021 | Top Story: Canadian Pacific and KC Southern Strike $25B Rail Merger

Robins Kaplan LLP on

Mega rail news to start our week, as Canadian Pacific will joined forces with Kansas City Southern in a $25 billion deal, “creating the first railroad to traverse Canada, the U.S. and Mexico.” Industry watchers suggest that...more

Robins Kaplan LLP

Financial Daily Dose 3.16.2021 | Top Story: Purdue Pharma Unveils Post-Bankruptcy Plans, Including $4.7B Payment by Sacklers

Robins Kaplan LLP on

Purdue Pharma has outlined its own plan to remove Sackler family control and restructure the pharmaceutical giant on the other side of bankruptcy—a 300-page effort that amounts to the company’s “formal bid to end thousands of...more

Goodwin

Rhode Island Federal Court Dismisses Securities Class Action Against CVS Arising From Statements Made After Omnicare Acquisition

Goodwin on

Rhode Island Federal Court Dismisses Securities Class Action Against CVS Arising From Statements Made After Omnicare Acquisition; SEC Division of Corporation Finance Suggests Companies Issue Additional Disclosures When...more

Robins Kaplan LLP

Financial Daily Dose 2.19.2021 | Top Story: UK High Court Deems Uber Drivers “Employees”

Robins Kaplan LLP on

Britain’s Supreme Court dealt Uber a blow this morning when it ruled that “drivers must be classified as workers entitled to a minimum wage and vacation time.” The decision—a disaster for Uber in a dispute that reaches back...more

Kilpatrick

RICO class actions Ninth Circuit affirms dismissal of civil RICO claims by Volkswagen dealers

Kilpatrick on

Takeaway: Class actions brought under federal RICO present significant risks for defendants. They present the opportunity for certification of a nationwide class under a federal statute, and the remedies provided under...more

Robins Kaplan LLP

Financial Daily Dose 1.27.2021 | Top Story: Walgreens Taps Starbucks Exec Roz Brewer as Next CEO

Robins Kaplan LLP on

Walgreens has named Starbucks exec Roz Brewer as its new CEO. The move sets up Brewer to be “the only Black female leading a Fortune 500 company”...more

Society of Corporate Compliance and Ethics...

Compliance Perspectives: Volkswagen's Transformation

The Volkswagen Dieselgate scandal captured global headlines and was profoundly disruptive to the company, resulting in substantial penalties and a three-year monitorship under former Deputy Attorney General Larry D. Thompson...more

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