Voltswagen April Farewell raised its share price

Η Επιτροπή Κεφαλαιαγοράς των Ηνωμένων Πολιτειών (SEC από το Securities and Exchange Commission) ερευνά το όνομα “Voltswagen” της Volkswagen για να ανακαλύψει αν το κόλπο επηρέασε την of the auto industry stock and if any law was broken, according with Der Spiegel.

The new name was reported on March 29, when Volkswagen's American subsidiary "accidentally" published a draft press release about the local name change. s to Voltswagen for its promotion of electric vehicles.

Some news agencies published the news and the company released an official press release on March 30, which included excerpts from Volkswagen CEO Scott Keogh who claimed the change would actually happen.

Eventually, as it turned out it was one and several news outlets – including the Associated Press – carried the story.

Volkswagen stock price rose as much as 12,5 percent at this stage, equivalent to billions of dollars in market value.

So the SEC wants to know what really happened, or what laws could have been violated by VW.

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Written by giorgos

George still wonders what he's doing here ...

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