Volkswagen to pay $175 million to U.S. lawyers suing over emissions

Volkswagen to pay $175 million to U.S. lawyers suing over emissions
 

Volkswagen AG (VOWG_p.DE), in another step to move past its costly diesel emissions cheating scandal, has agreed to pay $175 million (£143.6 million) to U.S. lawyers suing the German automaker on behalf of the owners of 475,000 polluting vehicles, two people briefed on the agreement said on Friday.
In August, the lawyers in the class action litigation sought up to $332.5 million in fees and costs for their work in a $10 billion settlement that gives U.S. owners of 2.0 liter polluting cars the ability to sell back their vehicles to Volkswagen (VW).
The latest deal with the lawyers means VW... read more

 
16 October 2016 in Science &Technology, Views: 59
Source: Reuters
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