Investors have lined up to sue in Germany, where VW shares plunged in the first two trading days after the Sept. 18 disclosure of the emissions scandal by U.S. regulators. Monday was the first business day after the anniversary of the scandal and investors had feared they needed to sue within a year of the company’s admission that it had equipped about 11 million diesel vehicles with software to cheat on pollution tests. . . .
Volkswagen, in a statement, reiterated its view that it complied with capital-market rules and that the claims are unfounded.
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