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Elliott Associates, L.P. et al v. Porsche Automobile Holding SE et al
Case Number:
1:10-cv-00532
Court:
Nature of Suit:
Judge:
Firms
Companies
Sectors & Industries:
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February 02, 2011
Hedge Funds Drive Porsche-VW Deal Case To 2nd Circ.
Hedge funds that attempted to recoup about $2 billion in losses from Porsche Automobil Holding SE's prospective takeover of Volkswagen AG have appealed a decision to toss their claims based on a key U.S. Supreme Court securities ruling.
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September 02, 2010
Porsche Says Morrison Ruling Blocks Hedge Fund Suit
German automaker Porsche Automobil Holding SE says a recent U.S. Supreme Court ruling blocks a lawsuit by hedge fund investors seeking to recoup more than $2 billion in losses stemming from Porsche's failed 2008 bid to take over Volkswagen AG.
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April 29, 2010
More Short Sellers Join Securities Suit Against Porsche
Eighteen investment funds have joined a lawsuit against German carmaker Porsche Automobil Holding SE that is seeking to recover more than $2 billion the plaintiffs allegedly lost as a result of Porsche's ill-fated attempt to take over Volkswagen AG in 2008.