World’s Largest Sovereign Fund Pursues Legal Action Against Volkswagen

Posted on 05/15/2016


The Financial Times is reporting that Norges Bank Investment Management (NBIM), the manager of Norway’s sovereign wealth fund plans to join a class action in German courts against carmaker Volkswagen AG in regard to the emissions scandal. The scandal revolves around Volkswagen tinkering with the exhaust systems, creating a “defeat device”, of diesel cars to […]