Daimler Investors Seek $1 Billion Over Diesel Disclosure
- More than 200 investors file lawsuits in Stuttgart court
- Cases claim carmaker cheated shareholders over use of software
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Daimler AG was sued by more than 200 shareholders for as much as 900 million euros ($1 billion) over claims the parent of Mercedes-Benz luxury cars failed to properly disclose that its vehicles were fitted with technology to cheat on diesel emissions tests.