VW Engineers Face Insider Trading Charges | Tech News

Two Volkswagen engineers are facing federal charges for allegedly using secret info to profit $300K by buying Rivian stock before a major joint venture was public — a deal now worth $5.8B that made VW Rivian’s biggest shareholder. Investigators found suspicious searches hinting they knew their actions were illegal, and both could face 25 years if convicted. This case underscores how even insiders can’t escape the law when they exploit confidential data. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/0da3c6481a4abd5a