On October 8th, the World Federation of Investors formally adopted a program to enable holders of Volkswagen AG, Porsche AG, and Audi AG securities to seek recovery for the loss in value of these securities because of the fraud committed by VW, keeping in mind the importance of VW to the German and European economies. While class action suits are very common in the U.S., most people do not realize that this investor recourse is not available in other capital markets around the world. WFI will be a proactive advocate by informing, educating, and facilitating individual investor compensation from VW.
The Stichting Volkswagen Investors Claim is a nonprofit organization established in the Netherlands to represent the interests of investors in Volkswagen AG (VW), Porsche AG, and Audio AG securities following VW's admission of fraud in the sale of cars with built-in software that manipulated emissions test data (defeat device) and the subsequent decline in the share price of VW securities.
The "Stichting" is a Dutch foundation established in the Netherlands that represents the interests of victims and may resolve claims against a defendant in the form of a collective settlement.
Representing the interests of purchasers of VW, Porsche, and Audi securities in the U.S. and worldwide, including common or preferred shares, and public or private debt from April 23, 2008, up to and including the date on which the full extent of the Volkswagen emissions fraud shall become known to the public, the Stichting has invited VW to work towards a reasonable settlement in the interest of all investors to avoid further legal actions. The Stichting seeks to work with VW in a spirit of mutual respect to find a reasonable and fair solution to the multifaceted and multinational problems caused by the company providing incomplete and incorrect information to the market.
There is no membership fee or obligation when joining Stichting Volkswagen Investors Claim.
For more information about Stichting Volkswagen Investors Claim, go to: https://www.stichtingvolkswagen-investorsclaim.com.