September 24, 2019 / 10:14 AM / 2 months ago

German prosecutors press charges against current and former VW CEOs

FRANKFURT, Sept 24 (Reuters) - German prosecutors brought criminal charges of stock market manipulation against Volkswagen CEO Herbert Diess, former CEO Martin Winterkorn and Chairman Hans Dieter Poetsch in relation to an emissions cheating scandal.

The accused intentionally failed to inform investors in time about the financial impact of the scandal, the prosecutors’ office in the northern city of Braunschweig said on Tuesday.

Reporting by Ludwig Burger Editing by Thomas Seythal

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