DSW, Germany’s oldest and largest association of private investors and member of BETTER FINANCE, partnered up with the Netherlands-based foundation STICHTING VOLKSWAGEN INVESTORS CLAIM in order to represent aggrieved VW investors in the DieselGate case.
The Foundation seeks to settle with Volkswagen out of court, with a potential agreement in favour of VW investors to be overseen by the court in Amsterdam.
DSW welcomes the constructive approach of the foundation and also sees it as a great opportunity for VW to address the problems faced by owners of affected diesel vehicles and for all those affected by the emissions’ scandal and ensuing fallout.
"We are very pleased that the prestigious investor organisation, DSW, is supporting the foundation thereby putting us in an even stronger position so that we can focus on achieving the best possible solution for aggrieved investors together with Volkswagen, "says Lawrence A. Sucharow, Chairman of Labaton Sucharow and founder of the Dutch foundation.
Affected VW investors can register on the DSW website: www.dsw-info.de. Registered investors will be automatically informed of further activities and the progress of the negotiations.
Please read the full announcement in German here.