VW agrees to pay fine, suit against CEO, chairman ends
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A German court has ended proceedings against the chairman and chief executive of Volkswagen AG after the carmaker agreed to pay a fine of €9 million ($10 million) over the diesel emissions scandal, Reuters reported. Non-executive chairman Hans Dieter Poetsch and CEO Herbert Diess were accused of stock market manipulation for a delay in informing investors about the diesel scandal when it first came to light in 2015, and were each fined €4.5 million.
