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Two Volkswagen engineers charged with insider trading after buying Rivian stock before the joint venture they helped build was announced‎

The Next Web
23:55

Federal prosecutors on Friday arrested two Volkswagen engineers in San Jose, California, and charged them with insider trading for buying Rivian stock before VW’s multibillion-dollar joint venture with the electric vehicle maker was publicly announced. Michael Stamp and Marcus Plank, both based at VW’s US operations, each face one count of federal securities fraud carrying […] This story continues at The Next Web

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TechCrunch

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.

TechCrunch
22:56
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