Court sees no immoral deception: BGH ends Porsche-VW class action lawsuit
TL;DR
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The Federal Court of Justice (BGH) has concluded the investor dispute over Porsche's failed VW takeover. No immoral deception of the capital market by Porsche in 2008 was found. Claims for damages totaling 5.4 billion euros from 40 plaintiffs are therefore likely to be dismissed.
Source: lto.de
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