Sept. 24 (UPI) -- Volkswagen CEO Herbert Diess and Chairman Hans Dieter Poetsch were indicted in Germany Tuesday, prosecutors say, for misleading shareholders by failing to inform them early about the emissions cheating scandal.
The German automaker has paid out more than $30 billion for rigging software on diesel vehicles that would allow them to pass emissions tests in the United States. By not disclosing the scandal, Volkswagen executives improperly influenced the share price in 2015, the charges say.