German watchdog eyes Volkswagen disclosure, share moves
FRANKFURT (Reuters) - German financial watchdog Bafin has started a routine probe of the slide in Volkswagen's share price and the company's communication regarding the falsification of U.S. emissions tests.
"It's a routine investigation," a Bafin spokeswoman said on Wednesday, adding that regulators were also looking at the timeliness of corporate disclosures in the biggest scandal in the 78-year history of the world's largest carmaker.
VW shares have fallen by more than one third since the crisis broke.
(Reporting by Andreas Kroener, writing by Jonathan Gould; Editing by Kirsti Knolle)
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