Closed Class Action

The VW Group admitted on September 20, 2015, that the emission values of diesel cars had been manipulated.

The consequences on the financial markets were dramatic for the shareholders of the Volkswagen Group; the share price plummeted enormously. The Volkswagen Group should have informed market participants much earlier via an ad-hoc announcement about the failure to meet emission values.

The omission of ad-hoc announcements and the false information that was disseminated justify the shareholders’ claim for damages from their investment in VW shares. AdvoFin offers individuals, companies, and institutional investors who were shareholders of the Volkswagen Group on September 20, 2015, the opportunity to participate in the class actions in Germany.

Participation in the “VW” class action is no longer possible, as the registration deadline has expired. Our clients’ claims are still pending in the KapMuG proceedings at the Regional Court of Braunschweig.

Affected parties who have joined our collective action can inform themselves in the news blog about the previous activities and the current status of the proceedings. Furthermore, our contract clients receive regular updates on the status of affairs.