Hedge funds seek 1.8 billion damages from members of Porsche's owning family
Investors including U.S. hedge fund Elliott Associates have escalated a legal battle against members of Porsche's supervisory board by seeking 1.8 billion euros ($2.43 billion) in damages from Wolfgang Porsche and his cousin Ferdinand Piech. The most recent lawsuit forms part of a legal campaign being waged by hedge funds…
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