Volkswagen Bonds Securities Class Action

WASHINGTON, D.C. — U.S. Market Advisors Law Group PLLC announces that a class action lawsuit has been filed against Volkswagen AG, its wholly owned subsidiary Volkswagen Group of America, Inc., its further subsidiary Volkswagen Group of America Finance, Inc. (together, “Volkswagen”), and certain senior executives (collectively “Defendants”). The action asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the “Exchange Act”), and U.S. Securities and Exchange Commission (“SEC”) Rule 10b-5 promulgated thereunder, on behalf of all persons or entities who purchased or otherwise acquired U.S.-issued debt securities of Volkswagen between May 23, 2014 and September 22, 2015, inclusive (the “Class Period”). The securities at issue (the “Offerings”) are listed in the chart below:

CUSIP	ISIN	Coupon	Issue Date	Issue Amount	Maturity
928668AA0	US928668AA03	1.25%	May 23, 2014	$1.45 billion	May 23, 2017
928668AB8	US928668AB85	2.125%	May 23, 2014	$1 billion	May 23, 2019
928668AC6	US928668AC68	Floating	May 23, 2014	$500 million	May 23, 2017
928668AD4	US928668AD42	Floating	May 23, 2014	$250 million	May 23, 2016
928668AE2	US928668AE25	Floating	May 23, 2014	$300 million	Nov. 23, 2015
928668AF9	US928668AF99	1.60%	Nov. 20, 2014	$750 million	Nov. 20, 2017
928668AH5	US928668AH55	2.45 %	Nov. 20, 2014	$750 million	Nov. 20, 2019
928668AG7	US928668AG72	Floating	Nov. 20, 2014	$500 million	Nov. 20, 2017
928668AK8	US928668AK84	1.65%	May 22, 2015	$1 billion	May 22, 2018
928668AJ1	US928668AJ12	Floating	May 22, 2015	$750 million	Nov. 22, 2016
928668AL6	US928668AL67	Floating	May 22, 2015	$300 million	May 22, 2018
928668AM4	US928668AM41	2.40%	May 22, 2015	$750 million	May 22, 2020

The Complaint alleges that during the Class Period, Defendants made false and misleading statements and concealed a scheme to defraud investors in the Offerings regarding the Company’s operations, its business and finances, and its outlook. Specifically, Defendants caused its Offerings to trade at artificially inflated prices by failing to disclose that Volkswagen utilized a “defeat device” in certain of its diesel cars that allowed such cars to temporarily reduce emissions during testing, while achieving higher performance and fuel economy, as well as discharging dramatically higher emissions, when testing was not being conducted. The Complaint alleges that Defendants made misrepresentations and omissions in its public statements as well as in its offering memoranda in connection with the issuance of over $8 billion of Offerings on May 23, 2014, November 20, 2014, and May 22, 2015. Through this series of revelations and Volkswagen’s admissions, the Offerings have declined from an average of 99.854% par value on September 18, 2015 to an average of 95.624% par value on September 22, 2015, representing a decline of over $300 million.

If you suffered a loss from Volkswagen investments you have until August 22, 2016 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff. Concerned shareholders who would like more information about their rights and potential remedies can contact attorney David P. Abel (202) 559-8591, [email protected].

U.S. Market Advisors Law Group PLLC is a law firm based in Washington, D.C. The firm represents institutional investors from across the world in U.S. securities class action lawsuits.