FILE PHOTO: A Volkswagen logo is seen on a new car model at the 89th Geneva International Motor Show in Switzerland, March 5, 2019. REUTERS/Denis Balibouse
WASHINGTON (Reuters) – Volkswagen AG said the U.S. Securities and Exchange Commission may sue the German automaker over its failure to disclose its diesel emissions scandal to investors.
VW said in its annual report bit.ly/2HlE1Su released earlier this week that the SEC probe focuses on the automaker’s nondisclosure of “certain Volkswagen diesel vehicles’ noncompliance” with U.S. emissions rules.
Volkswagen did not have an immediate comment.
Volkswagen has agreed to pay more than $25 billion in the United States in connection with “Dieselgate” for claims from owners, environmental regulators, states and dealers, and has offered to buy back about 500,000 polluting