Tag: Volkswagen

Thanks to Porsche’s attempt to take over Volkswagen with an elaborate option strategy, high-stakes shareholder suits have finally come to Germany. International financial investors have brought actions against Porsche and Volkswagen, seeking damages in the order of several billions. The claimants argue, in short, that they suffered losses when Porsche cornered the market with the use of fancy derivatives and failed to disclose the true position it had taken. Read More