Archive for March 15th, 2011

Porsche faces new $1 bln lawsuit by hedge funds

News Porsche Finance Porsche faces new $1 bln lawsuit Reuters – Several prominent hedge funds, including Greenlight Capital LP and Tiger Global LP, have filed a new lawsuit accusing German automaker Porsche SE (PSHG_p.DE) of cornering the market in shares of Volkswagen AG (VOWG_p.DE), causing more than $1 billion of losses. The lawsuit was filed […]