Volkswagen to Pay $4.3 Billion in Emissions Scandal Penalties
By Anderson, Cummings & Drawhorn, LLP on January 18, 2017
By Anderson, Cummings & Drawhorn, LLP on January 18, 2017
Volkswagen (VW) has decided to settle civil and criminal allegations stemming from the emissions cheating scandal involving approximately 590,000 diesel vehicles in the U.S. VW will pay $4.3 billion, $2.8 billion for criminal penalties and $1.5 billion for civil penalties.
VW also chose to plead guilty to three criminal felonies:
As part of the settlement, VW will be required to work with an independent monitor for a three-year period.
Federal court has yet to approve the plea agreement. VW has also stated the deal is subject to approval by company management and boards, as well as the boards of companies affiliated with the automaker.
The VW scandal involved emissions cheating devices installed in model-year 2009 to 2016 Audis, VWs and Porsches with 2.0 and 3.0-liter diesel engines. The devices allowed vehicles to pass U.S. emissions tests while emitting contaminants over the legal limit. A total of 11 million vehicles worldwide were involved in the scandal.
Six German Volkswagen executives have been independently indicted by a Michigan federal grand jury for their connection to the emissions scandal.
Each of these executives have been charged with conspiracy to defraud U.S. customers and violating the Clean Air Act by making false representations. Four of the executives have been charged with additional Clean Air Act violations and four have received wire fraud charges.
If your Volkswagen vehicle was affected by the recent emissions cheating scandal, you may be entitled to compensation. The product liability lawyers of Anderson, Cummings & Drawhorn, LLP will work to protect your rights and maximize your compensation.
Call (817) 920-9000 or complete our Free Case Evaluation form now.
This page has been written, edited, and reviewed by a team of legal writers following our comprehensive guidelines. This page was approved by attorney Seth Anderson, whose team has more than 50 years of combined legal experience in helping victims of personal injury seek justice.
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