Porsche Wins New York Case Over VW Takeover After Appeals Court Rejects Lawsuit

The issue of Porsche’s failed attempt to acquire Volkswagen in 2008 has surfaced again. Last week the automaker’s former CEO Wendelin Wiedeking and ex-COO Holger Haerter were formally charged in Stuttgart, Germany with market manipulation. Moreover, Porsche filed a lawsuit against the Pendragon fund and its manager in an effort to keep the case in its homeland. Read more »

Posted in: Porsche,Reports,VW