Porsche Wins Dismissal of EU1.4b Hedge-Fund Suit Over VW Bid

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BN 03/17 12:25 Porsche Wins Dismissal of Hedge Funds’ Suit Over VW Bid (1) BN 03/17 12:04 *STUTTGART COURT ISSUES PORSCHE RULING BFW 03/17 12:03 *PORSCHE WINS DISMISSAL OF HEDGE FUND SUIT OVER VW BID BN 03/17 12:03 *STUTTGART COURT DISMISSES SUIT SEEKING EU1.4B FROM PORSCHE BN 03/17 12:03 *PORSCHE WINS DISMISSAL OF HEDGE FUND SUIT OVER VW BID

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Porsche Wins Dismissal of EU1.4b Hedge-Fund Suit Over VW Bid 2014-03-17 12:05:09.275 GMT

By Karin Matussek March 17 (Bloomberg) -- Lawsuit brought by 23 hedge funds alleging Porsche manipulated VW shares in 2008 as part of a takeover bid. * Stuttgart court issued ruling * NOTE: Suit is one of half a dozen Porsche is facing in courts in four German cities; combined damages sought totals more than EU5b * NOTE: Feb. 10: Porsche Hedge Funds Suit Has High Risk of Loss, Judge Says {NSN N0SIN56JIJWJ <GO>} * NOTE: Porsche, Piech Sued in Frankfurt by Hedge Funds Over VW Deal {NSN N0DPRD6JTSEC <GO>}

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To contact the reporter on this story: Karin Matussek in Berlin at +49-30-70010-6218 or kmatussek@bloomberg.net

To contact the editor responsible for this story: Anthony Aarons at +44-20-7673-2227 or aaarons@bloomberg.net