--The U.S. Securities and Exchange Commission is investigating whether Volkswagen influenced its share price when it joked about rebranding itself as 'Voltswagen,' German news magazine Spiegel reports.
--The investigations are at an early stage and the company confirmed to Spiegel that the SEC had requested information from its U.S. subsidiary Volkswagen Group of America, according to the magazine.
--Volkswagen declined to comment to The Wall Street Journal.
Full story (in German): https://bit.ly/3u6SdU1
April 30, 2021 at 03:48PM
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SEC probes Volkswagen's name change joke: report - MarketWatch
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