The SEC is reportedly looking into Volkswagen's botched 'Voltswagen' April Fools' prank

Home > Business
By Flemming in Business
Updated 3 years ago

Volkswagen's botched April Fools' Day prank may have landed it in hot water with financial regulators, German outlet Der Spiegel reported Thursday. The US Securities and Exchange Commission is examining how Volkswagen of America's bogus press release announcing a rebrand to "Voltswagen" - well before the April 1 holiday - impacted its share price, the paper reported.

the-sec-is-reportedly-looking-into-volkswagen-s-botched-voltswagen-april-fools-prank