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Volkswagen engineers charged with insider trading tied to Rivian joint venture
The indictment, which was unsealed Friday, alleges the Volkswagen engineers used confidential insider information to buy stock in Rivian.
The U.S. Department of Justice has charged two Volkswagen engineers with securities fraud for an alleged insider-trading scheme connected to the German automaker’s joint venture with Rivian. The indictment, unsealed Friday by the U.S. District Attorney for the Southern District of New York, alleges that Michael Stamp and Marcus Plank made more than…
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