Porsche, Piech Sued by Hedge Funds Over VW Deal

Porsche, Piech Sued by Hedge Funds Over VW Deal Play

Feb. 3 (Bloomberg) -- Seven hedge funds sued Wolfgang Porsche and Ferdinand Piech, members of Porsche’s supervisory board, seeking 1.8 billion euros ($2.4 billion) of compensation over the aborted purchase of Volkswagen in 2008. Hans Nichols has more on Bloomberg Television's "Countdown." (Source: Bloomberg)

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