Lawsuits

US judge approves $125 million ruling against Volkswagen

US judge approves $125 million ruling against Volkswagen for fees, costs of diesel owners.

Reuters (7/21, Shepardson) reported US District Judge Charles Breyer on Friday “approved $125 million in fees and costs for lawyers who sued Volkswagen AG…on behalf of U.S. owners of 88,000 3.0 liter diesel vehicles over excess emissions.” Reuters added Breyer’s ruling comes “on top of $175 million in fees and costs [that he] approved…in March for a related 2.0-liter VW diesel settlement covering nearly 500,000 owners.” In his decision, Breyer “said lawyers for the owners ‘achieved extraordinary results’ and cited the generous buyback and compensation offers as well as separate funds to offset excess emissions.”



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