Jones Day is doing a huge internal investigation for VW into the diesel emission issue, where VW installed software that controlled emissions under test conditions differently than under operating, on-the-road conditions.
The Justice Department is asking VW not to release the results of this investigation, arguing that the release may restrict the Department’s ability to prosecute or fine bad-deed doers.
Doesn’t DOJ normally want companies to disclose these results? Doesn’t the company own the information and don’t the shareholders have a right to know? What competing duties do the directors and the company have, and how do the competing duties get resolved? What gives DOJ the right to ask that the information not be disclosed?