Investors argue that VW failed to tell them it was facing costly legal action from U.S. authorities over emissions cheating, reports Bloomberg. Presumably, this would have given them the chance to sell their shares before they dropped. Meanwhile, VW dismisses the claims, saying it followed all the rules in disclosing the scandal.
kleinbl00, this article is short on info but full of scheudenfreud (or whatever that German word is).
"schadenfreude." Another delightful compound that translates literally to "sad happiness."
The really interesting thing is these are investors that, under US law, would have been banned from doing what they're suing over by insider trading laws.