Anti Porsche Lawsuit luxury autos for 2010
Saturday, May 1st, 2010Anti Porsche Lawsuit luxury autos for 2010: In a continuation of the Porsche-Volkswagen takeover/stock controversy, 18 hedge funds added their names to a list of people taking Porsche to court in a $2 Billion lawsuit here in the States.
Porsche, Wendelin Wiedeking (former CEO), and Holger Härter (former CFO) are said to have committed fraud and “manipulated the market” over a four-year period in order to keep the company out of bankruptcy. (more…)









