Volkswagen fined $1.3 million by BaFin for disclosure lapse
Germany’s BaFin fined Volkswagen $1.3 million for failing to disclose potentially market-moving news in a proper and timely manner.
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Volkswagen fined by BaFin over timely ad hoc forecast disclosure
BaFin fined Volkswagen for failing to disclose potentially market-moving forecast information in a timely ad hoc announcement. The fine was imposed Oct. 1, and Volkswagen said it accepts the penalty under a settlement agreement.
Volkswagen fined $1.3 million by BaFin for forecast disclosure
Germany’s BaFin fined Volkswagen 1.2 million euros ($1.3 million) for failing to disclose potentially market-moving news in a proper and timely manner.