In the Volkswagen diesel scandal, the Investors Association (SdK) is taking legal action against compensation deals with ex-boss Martin Winterkorn and other top executives. To this end, the SDK has, according to its own information, filed a legal appeal against the relevant resolutions of the VW general meeting of July 22 with the regional court in Hanover. “The exact damage cannot yet be predicted”, argue the representatives of the shareholders. “Nevertheless, the compensation claims should already be definitively settled.” A VW spokesperson told Wolfsburg that the grounds for protest cited by the SDK are “completely unfounded”. In June, after years of judicial review, Volkswagen’s supervisory board reached an agreement with lawyers and insurers for former top executives over the diesel scandal. Above all, the emphasis is on the joint responsibility of the former boss Winterkorn. He pays 11.2 million, the total is almost 288 million euros. It also contains allegations regarding former Audi boss Rupert Stadler and former Porsche and Audi executives Wolfgang Hatz and Stefan Knirsch. These agreements were then approved by the VW general assembly.
August 8, 2021
July 29, 2021