Anexo Group Plc (GB:ANX) has released an update.
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Anexo Group Plc has secured a significant legal win in the Mercedes Diesel NOx Emissions case, with the court ruling that recall decisions by the German regulator are binding, bolstering the claims of over 12,000 plaintiffs. This judgment enhances the prospects of success for the claimants in ongoing litigation against German manufacturers regarding the use of prohibited defeat devices. While not a final victory, this decision strengthens the legal position of the claimants and could positively impact related emissions cases.
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