DAIMLER AG AGREES TO PAY $1.5 BILLION TO RESOLVE A US GOVERNMENT PROBE

Highlights

• According to the court papers, this settlement with the US Justice Department and California Air Resources Board is inclusive of a civil penalty worth $875 million levied under the Clean Air Act

• The California settlement fair is reasonable and in the public interest called the US District Judge Emmet G. Sullivan

• The Justice Department in the month of December said the settlement ens....