Published by Global Banking & Finance Review®
Posted on January 28, 2026
1 min readLast updated: January 28, 2026
Add as preferred source on GoogleGermany's top civil court seeks EU guidance on a case against Porsche Holding related to VW's diesel scandal, focusing on disclosure obligations.
By Ludwig Burger
FRANKFURT, Jan 28 (Reuters) - Germany's highest court in civil law said on Wednesday it is seeking guidance from the EU's Court of Justice in a case brought by investors against the holding company behind Volkswagen over the carmaker's diesel scandal.
The lawsuit was brought by shareholders against Porsche Automobil Holding SE over the disclosure of market-moving information in a scandal that erupted in 2015 when VW came under investigation for cheating exhaust emission tests.
The German Federal Court of Justice said it was seeking clarity, among other aspects, on whether plaintiffs need to show that Porsche Holding had prior knowledge of VW's conduct or whether it is enough to claim Porsche Holding should have known.
(Reporting by Ludwig BurgerEditing by Madeline Chambers)
A holding company is a parent corporation that owns enough voting stock in another company to control its policies and management. It does not produce goods or services itself.
Market-moving information refers to news or events that can significantly impact the price of a security or the overall market, influencing investor decisions.
Investor advisory services involve providing guidance and recommendations to investors regarding investment decisions, portfolio management, and financial planning.
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