Legal Opinion

In re Volkswagen "Clean Diesel" Marketing, Sales Practices, & Products Liability Litigation

District Court, N.D. California

Decided June 28, 2017No. MDL No. 2672 CRB (JSC)PublishedCited by 2 opinions

1Opinion of the Court

*1039ORDER GRANTING IN PART AND DENYING IN PART DEFENDANTS’ MOTIONS TO DISMISS THE FIRST AMENDED CONSOLIDATED SECURITIES CLASS ACTION COMPLAINT

CHARLES R. BREYER, United States District Judge

In September 2015, Volkswagen admitted to regulators and the public that it had used a “defeat device” — software designed to cheat emissions tests — in nearly 600,000 TDI diesel engine vehides sold in the United States (the “Affected Vehicles”). Soon after, purchasers of Volkswagen-sponsored Level 1 American Depository Receipts (“ADRs”) filed actions against the Company and management under the Private…

2Cases cited18 opinions

  1. Ashcroft v. IqbalSupreme Court of the United States · 2009
  2. Bell Atlantic Corp. v. TwomblySupreme Court of the United States · 2007
  3. Tellabs, Inc. v. Makor Issues & Rights, Ltd.Supreme Court of the United States · 2007
  4. Sterling Usher v. City of Los Angeles, Richard A. Gonzales, Michael E. Melton, Jose E. Ramirez, Joe Rios, and Robert L. VannCourt of Appeals for the Ninth Circuit · 1987
  5. Janus Capital Group, Inc. v. First Derivative TradersSupreme Court of the United States · 2011

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3Cited by2 opinions

  1. Doubleline Capital LP v. Odebrecht Fin., Ltd.District Court, S.D. Illinois · 2018
  2. Langhamer v. JohnsonDistrict Court, S.D. New York · 2023

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