Wolfsburg

Glancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Volkswagen AG (VWAGY)

Retrieved on: 
Tuesday, June 1, 2021

On March 29, 2021, Volkswagen published a draft press release announcing its American subsidiaries supposed name change to Voltswagen.

Key Points: 
  • On March 29, 2021, Volkswagen published a draft press release announcing its American subsidiaries supposed name change to Voltswagen.
  • On this news, Volkswagen AGs share price fell more than 5% over the next two trading days, thereby injuring investors.
  • To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.
  • Glancy Prongay & Murray LLP, Los Angeles

Recent College Graduates Can Save on Select New Volkswagen Vehicles

Retrieved on: 
Wednesday, May 26, 2021

RACINE, Wis., May 26, 2021 /PRNewswire-PRWeb/ --Recent college grads that are looking for additional savings on a new Volkswagen do not have to travel far.

Key Points: 
  • RACINE, Wis., May 26, 2021 /PRNewswire-PRWeb/ --Recent college grads that are looking for additional savings on a new Volkswagen do not have to travel far.
  • Frank Boucher Volkswagen of Racine is offering a $500 bonus on select new Volkswagen vehicles through the VW College Grad Bonus program.
  • This bonusalso known as the Volkswagen College Graduate Programis to be used to buy or lease a new, unused Volkswagen through Volkswagen Credit.
  • The interested party must apply and undergo credit approval in order to obtain the $500 bonus from the College Graduate Program.

Volkswagen, AG. Investors: Last Days to Participate Actively in the Class Action Lawsuit; Portnoy Law Firm

Retrieved on: 
Tuesday, May 25, 2021

Investors are encouraged to contact attorney Lesley F. Portnoy , to determine eligibility to participate in this action, by phone 310-692-8883 or email , or click here to join the case.

Key Points: 
  • Investors are encouraged to contact attorney Lesley F. Portnoy , to determine eligibility to participate in this action, by phone 310-692-8883 or email , or click here to join the case.
  • It is alleged in this complaint that Volkswagen made misleading and false statements to the market.
  • Volkswagen and Volkswagen Group of America, Inc. had never planned to use "Voltswagen" in any form, including as the name of vehicle.
  • The Portnoy Law Firm represents investors in pursuing claims arising from corporate wrongdoing.

Jim Ellis Automotive Donates New Volkswagen Atlas to Gwinnett Technical College's Automotive Technology Program

Retrieved on: 
Wednesday, May 19, 2021

b'ATLANTA, May 19, 2021 /PRNewswire-PRWeb/ --Jim Ellis Automotive Group and Volkswagen of America are honored to have donated a new Volkswagen Atlas to Gwinnett Technical College in support of the college\'s Automotive Technology Program.

Key Points: 
  • b'ATLANTA, May 19, 2021 /PRNewswire-PRWeb/ --Jim Ellis Automotive Group and Volkswagen of America are honored to have donated a new Volkswagen Atlas to Gwinnett Technical College in support of the college\'s Automotive Technology Program.
  • "With what they have now, they can learn technical skills but not brand-specific resources and that\'s a big stepping stone.
  • "\nBoth Jim Ellis Automotive Group and Volkswagen of America recognize the value of partnering with education programs.
  • "This donation from Jim Ellis ensures that we can teach the latest, most relevant technology to our students.

Deadline Reminder: Law Offices of Howard G. Smith Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Volkswagen AG (VWAGY)

Retrieved on: 
Friday, May 14, 2021

b'Law Offices of Howard G. Smith reminds investors of the upcoming June 29, 2021 deadline to file a lead plaintiff motion in the case filed on behalf of investors who purchased Volkswagen AG (\xe2\x80\x9cVolkswagen\xe2\x80\x9d or the \xe2\x80\x9cCompany\xe2\x80\x9d) (OTC: VWAGY ) securities between March 29, 2021 and March 30, 2021, inclusive (the \xe2\x80\x9cClass Period\xe2\x80\x9d).\nInvestors suffering losses on their Volkswagen investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at 888-638-4847 or by email to [email protected] .\nOn March 29, 2021, Volkswagen published a draft press release announcing its American subsidiaries\xe2\x80\x99 supposed name change to \xe2\x80\x9cVoltswagen.\xe2\x80\x9d Media outlets reported that they confirmed with the Company that the name change was real.

Key Points: 
  • b'Law Offices of Howard G. Smith reminds investors of the upcoming June 29, 2021 deadline to file a lead plaintiff motion in the case filed on behalf of investors who purchased Volkswagen AG (\xe2\x80\x9cVolkswagen\xe2\x80\x9d or the \xe2\x80\x9cCompany\xe2\x80\x9d) (OTC: VWAGY ) securities between March 29, 2021 and March 30, 2021, inclusive (the \xe2\x80\x9cClass Period\xe2\x80\x9d).\nInvestors suffering losses on their Volkswagen investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at 888-638-4847 or by email to [email protected] .\nOn March 29, 2021, Volkswagen published a draft press release announcing its American subsidiaries\xe2\x80\x99 supposed name change to \xe2\x80\x9cVoltswagen.\xe2\x80\x9d Media outlets reported that they confirmed with the Company that the name change was real.
  • Specifically, Defendants failed to disclose to investors that: (1) "Voltswagen" was never going to be used by the Volkswagen, Volkswagen Group of America, Inc. ("VWoA"), or on any relevant vehicle; (2) Volkswagen, VWoA, and their spokespeople purposefully misled reporters regarding the now-purported "joke" and/or "promotion"; and (3) as a result, Defendants\' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.\nIf you purchased or otherwise acquired Volkswagen securities during the Class Period, you may move the Court no later than June 29, 2021 to ask the Court to appoint you as lead plaintiff if you meet certain legal requirements.
  • To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.
  • If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020, by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to [email protected] , or visit our website at www.howardsmithlaw.com .\nThis press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210514005085/en/\n'

Volkswagen, AG. Investors: Last Days to Participate Actively in the Class Action Lawsuit; Portnoy Law Firm

Retrieved on: 
Friday, May 14, 2021

Volkswagen and Volkswagen Group of America, Inc. had never planned to use "Voltswagen" in any form, including as the name of vehicle.

Key Points: 
  • Volkswagen and Volkswagen Group of America, Inc. had never planned to use "Voltswagen" in any form, including as the name of vehicle.
  • Volkswagen misled the general public and the media in regard to the "Voltswagen" name that it claims was either a "promotion" or a "joke."
  • Based on these facts, Volkswagen\xe2\x80\x99s public statements were materially misleading and false throughout the class period.
  • When the market learned the truth about Volkswagen, investors suffered damages.\nA class action lawsuit has already been filed.

INVESTOR ALERT: Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of Volkswagen AG (VWAGY) Investors

Retrieved on: 
Friday, May 7, 2021

b'Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased Volkswagen AG (\xe2\x80\x9cVolkswagen\xe2\x80\x9d or the \xe2\x80\x9cCompany\xe2\x80\x9d) (OTC: VWAGY ) securities between March 29, 2021 and March 30, 2021, inclusive (the \xe2\x80\x9cClass Period\xe2\x80\x9d).

Key Points: 
  • b'Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased Volkswagen AG (\xe2\x80\x9cVolkswagen\xe2\x80\x9d or the \xe2\x80\x9cCompany\xe2\x80\x9d) (OTC: VWAGY ) securities between March 29, 2021 and March 30, 2021, inclusive (the \xe2\x80\x9cClass Period\xe2\x80\x9d).
  • Volkswagen investors have until June 29, 2021 to file a lead plaintiff motion.\nInvestors suffering losses on their Volkswagen investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at 888-638-4847 or by email to [email protected] .\nOn March 29, 2021, Volkswagen published a draft press release announcing its American subsidiaries\xe2\x80\x99 supposed name change to \xe2\x80\x9cVoltswagen.\xe2\x80\x9d Media outlets reported that they confirmed with the Company that the name change was real.
  • As reported by CNBC, \xe2\x80\x9cVolkswagen accidentally posted a press release on its website a month early on Monday announcing a new name for its U.S. operations, Voltswagen of America, emphasizing the German automaker\xe2\x80\x99s electric vehicle efforts.\xe2\x80\x9d On this news, Volkswagen AG\xe2\x80\x99s share price sharply rose.\nOn March 30, 2021, however, The Wall Street Journal published an article titled \xe2\x80\x9cNo, Volkswagen Isn\xe2\x80\x99t Rebranding Itself Voltswagen: German car maker says announcement by its U.S. operation was supposed to be an April Fools\xe2\x80\x99 gag.\xe2\x80\x9d The article noted that \xe2\x80\x9c[i]nvestors have been clamoring for shares of companies involved in electric vehicles and have recently been pouring money into the stocks of established car makers with solid EV plans.\xe2\x80\x9d Other outlets reported that the Associated Press was repeatedly assured by Volkswagen that its U.S. subsidiary planned a name change, which was false.\nOn this news, Volkswagen AG\xe2\x80\x99s share price fell more than 5% over the next two trading days, thereby injuring investors.\nThe complaint filed alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company\xe2\x80\x99s business, operations, and prospects.
  • Specifically, Defendants failed to disclose to investors that: (1) "Voltswagen" was never going to be used by the Volkswagen, Volkswagen Group of America, Inc. ("VWoA"), or on any relevant vehicle; (2) Volkswagen, VWoA, and their spokespeople purposefully misled reporters regarding the now-purported "joke" and/or "promotion"; and (3) as a result, Defendants\' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.\nIf you purchased Volkswagen securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020, by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to [email protected] , or visit our website at www.howardsmithlaw.com .\nThis press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210507005078/en/\n'

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Volkswagen AG (VWAGY) on Behalf of Investors

Retrieved on: 
Wednesday, May 5, 2021

b'Law Offices of Howard G. Smith announces an investigation on behalf of Volkswagen AG (\xe2\x80\x9cVolkswagen\xe2\x80\x9d or the \xe2\x80\x9cCompany\xe2\x80\x9d) (OTC: VWAGY ) investors concerning the Company\xe2\x80\x99s possible violations of federal securities laws.\nOn March 29, 2021, Volkswagen published a draft press release announcing its American subsidiaries\xe2\x80\x99 supposed name change to \xe2\x80\x9cVoltswagen.\xe2\x80\x9d Media outlets reported that they confirmed with the Company that the name change was real.

Key Points: 
  • b'Law Offices of Howard G. Smith announces an investigation on behalf of Volkswagen AG (\xe2\x80\x9cVolkswagen\xe2\x80\x9d or the \xe2\x80\x9cCompany\xe2\x80\x9d) (OTC: VWAGY ) investors concerning the Company\xe2\x80\x99s possible violations of federal securities laws.\nOn March 29, 2021, Volkswagen published a draft press release announcing its American subsidiaries\xe2\x80\x99 supposed name change to \xe2\x80\x9cVoltswagen.\xe2\x80\x9d Media outlets reported that they confirmed with the Company that the name change was real.
  • As reported by CNBC, \xe2\x80\x9cVolkswagen accidentally posted a press release on its website a month early on Monday announcing a new name for its U.S. operations, Voltswagen of America, emphasizing the German automaker\xe2\x80\x99s electric vehicle efforts.\xe2\x80\x9d On this news, Volkswagen AG\xe2\x80\x99s share price sharply rose.\nOn March 30, 2021, however, The Wall Street Journal published an article titled \xe2\x80\x9cNo, Volkswagen Isn\xe2\x80\x99t Rebranding Itself Voltswagen: German car maker says announcement by its U.S. operation was supposed to be an April Fools\xe2\x80\x99 gag.\xe2\x80\x9d The article noted that \xe2\x80\x9c[i]nvestors have been clamoring for shares of companies involved in electric vehicles and have recently been pouring money into the stocks of established car makers with solid EV plans.\xe2\x80\x9d Other outlets reported that the Associated Press was repeatedly assured by Volkswagen that its U.S. subsidiary planned a name change, which was false.\nOn this news, Volkswagen AG\xe2\x80\x99s share price fell more than 5% over the next two trading days, thereby injuring investors.\nIf you purchased Volkswagen shares, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to [email protected] , or visit our website at www.howardsmithlaw.com .\nThis press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210505005274/en/\n'

The Law Offices of Frank R. Cruz Announces Investigation of Volkswagen AG (VWAGY) on Behalf of Investors

Retrieved on: 
Wednesday, May 5, 2021

b'The Law Offices of Frank R. Cruz announces an investigation of Volkswagen AG (\xe2\x80\x9cVolkswagen\xe2\x80\x9d or the \xe2\x80\x9cCompany\xe2\x80\x9d) (OTC: VWAGY ) on behalf of investors concerning the Company\xe2\x80\x99s possible violations of federal securities laws.\nIf you are a shareholder who suffered a loss, click here to participate.\nOn March 29, 2021, Volkswagen published a draft press release announcing its American subsidiaries\xe2\x80\x99 supposed name change to \xe2\x80\x9cVoltswagen.\xe2\x80\x9d Media outlets reported that they confirmed with the Company that the name change was real.

Key Points: 
  • b'The Law Offices of Frank R. Cruz announces an investigation of Volkswagen AG (\xe2\x80\x9cVolkswagen\xe2\x80\x9d or the \xe2\x80\x9cCompany\xe2\x80\x9d) (OTC: VWAGY ) on behalf of investors concerning the Company\xe2\x80\x99s possible violations of federal securities laws.\nIf you are a shareholder who suffered a loss, click here to participate.\nOn March 29, 2021, Volkswagen published a draft press release announcing its American subsidiaries\xe2\x80\x99 supposed name change to \xe2\x80\x9cVoltswagen.\xe2\x80\x9d Media outlets reported that they confirmed with the Company that the name change was real.
  • As reported by CNBC, \xe2\x80\x9cVolkswagen accidentally posted a press release on its website a month early on Monday announcing a new name for its U.S. operations, Voltswagen of America, emphasizing the German automaker\xe2\x80\x99s electric vehicle efforts.\xe2\x80\x9d On this news, Volkswagen AG\xe2\x80\x99s share price sharply rose.\nOn March 30, 2021, however, The Wall Street Journal published an article titled \xe2\x80\x9cNo, Volkswagen Isn\xe2\x80\x99t Rebranding Itself Voltswagen: German car maker says announcement by its U.S. operation was supposed to be an April Fools\xe2\x80\x99 gag.\xe2\x80\x9d The article noted that \xe2\x80\x9c[i]nvestors have been clamoring for shares of companies involved in electric vehicles and have recently been pouring money into the stocks of established car makers with solid EV plans.\xe2\x80\x9d Other outlets reported that the Associated Press was repeatedly assured by Volkswagen that its U.S. subsidiary planned a name change, which was false.\nOn this news, Volkswagen AG\xe2\x80\x99s share price fell more than 5% over the next two trading days, thereby injuring investors.\nFollow us for updates on Twitter: twitter.com/FRC_LAW .\nIf you purchased Volkswagen securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to [email protected] , or visit our website at www.frankcruzlaw.com .
  • If you inquire by email please include your mailing address, telephone number, and number of shares purchased.\nThis press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210505005359/en/\n'

Volkswagen, AG. Investors: Last Days to Participate Actively in the Class Action Lawsuit; Portnoy Law Firm

Retrieved on: 
Wednesday, May 5, 2021

Volkswagen and Volkswagen Group of America, Inc. had never planned to use "Voltswagen" in any form, including as the name of vehicle.

Key Points: 
  • Volkswagen and Volkswagen Group of America, Inc. had never planned to use "Voltswagen" in any form, including as the name of vehicle.
  • Volkswagen misled the general public and the media in regard to the "Voltswagen" name that it claims was either a "promotion" or a "joke."
  • Based on these facts, Volkswagen\xe2\x80\x99s public statements were materially misleading and false throughout the class period.
  • When the market learned the truth about Volkswagen, investors suffered damages.\nA class action lawsuit has already been filed.