SEC probes VW 'Voltswagen' marketing stunt
(Reuters) - The US Securities and Exchange Commission has launched an investigation into the US unit of Volkswagen AG into a marketing stunt that falsely claimed it changed its name to "Voltwagen" in the US, one Person who was informed of the matter Confirmed. Spiegel first reported on the investigation and the SEC's request for information on the issue raised in early April, citing VW as confirmation of the investigation. Volkswagen declined to comment on Reuters. The SEC did not respond to a request for comment. The company apologized in March after a false statement about a false name change was circulated widely on social media. The stunt, which took place just before the April Fool's Day joke on the first of the month, when companies were frequently posting prank statements, should draw attention to its electric vehicle efforts, the automaker said. The first name change statement posted on the website and accompanied by tweets was reported by Reuters a...