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Porsche Wins Dismissal of $5.3 Billion Case Linked to Volkswagen Saga – Bloomberg

Porsche Automobil Holding SE won the dismissal of lawsuits from hedge funds seeking about 5.4 billion euros ($5.3 billion) in damages they say they incurred during Porsche’s failed takeover of Volkswagen AG more than a decade ago. Institutional investors and private shareholders had pursued Porsche for compensation for losses they suffered in the trading of […]