Germany: Trial over failed Porsche VW takeover kicks off in Hannover

They had either bought shares too soon and lost money as a result, or they had to buy more shares later at too high a price. And for this damages claim to be determined by the court, there are various requirements that must be fulfilled, and that is what this trial seeks to explain.» Trial over the failed Volkswagen (VW) takeover by Porsche kicked off at Hannover District Court, Thursday... Еще. “Damages are being sought by VW's shareholders against the Porsche Automobil Holding SE and the public holding company Volkswagen because they believe they have suffered damages due to incorrect or one-sided information given in the capital market in 2008,” press officer Jessica Lass said. Lass explained that the plaintiffs “had either bought shares too soon or lost money as a result, or they had to buy more shares later at too high a price. And for this damages claim to be determined by the court, there are various requirements that must be fulfilled, and that is what this trial seeks to explain.» The legal dispute concerns claims of more than €5 billion ($5.927 billion). Porsche considers the complaints to be unfounded. Ex-Porsche directors Wendelin Wiedeking and his financial manager Holger Haerter were released from custody over the allegations of market manipulation in a criminal case last year.

Самое интересное

Новости партнеров

ТемыВсе темы