Settlement Of Volkswagen Franchisees’ Class Action Wins Final Approval

(January 24, 2017, 10:11 AM EST) -- SAN FRANCISCO — A California federal judge on Jan. 23 granted final approval of a $1.67 billion settlement of a class action against Volkswagen Group of America Inc. that creates a $1.21 billion settlement fund and provides additional benefits to hundreds of VW franchise dealers in the United States that suffered as a result of the diesel emissions cheating scandal (In re:  Volkswagen “Clean Diesel” Marketing, Sales Practices and Products Liability Litigation, MDL No. 2672; Napleton Orlando Imports LLC, et al. v. Volkswagen Group of America Inc., et al., No. 3:16cv2086, N.D. Calif.)....

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