U.S. judge urges VW and SEC to resolve civil Dieselgate suit

Reuters
U.S. judge urges VW and SEC to resolve civil Dieselgate suit

A federal judge in California on Friday urged the U.S. Securities and Exchange Commission and Volkswagen to resolve a civil suit stemming from its Dieselgate emissions scandal. U.S. District Judge Charles Breyer in San Francisco, who earlier had questioned why the agency waited two years to sue the automaker, said he was putting the suit on hold until Oct. 4. The SEC filed a civil suit in March accusing Volkswagen and its former chief executive, Martin Winterkorn, of defrauding investors in U.S. bond offerings.