Volkswagen pays 9 million euros to end proceedings against chairman, CEO
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FRANKFURT (Reuters) - Volkswagen said it agreed with a German court to pay 9 million euros (8 million pounds) to end legal proceedings against its chairman and chief executive, who were accused of holding back market-moving information on rigged emissions tests.The court in Braunschweig was hearing charges of stock market manipulation against CEO Herbert Diess, as well as non-executive Chairman Hans Dieter Poetsch.VW in September 2015 admitted using illegal software to cheat U.S. diesel engine..