{"id":13837,"date":"2010-01-26T07:51:15","date_gmt":"2010-01-26T11:51:15","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=13837"},"modified":"2010-01-26T07:51:15","modified_gmt":"2010-01-26T11:51:15","slug":"hedge-funds%e2%80%99-1bn-lawsuit-says-porsche-lied-on-vw-ambition","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/01\/2010\/hedge-funds%e2%80%99-1bn-lawsuit-says-porsche-lied-on-vw-ambition.html","title":{"rendered":"Hedge funds\u2019 $1bn lawsuit says Porsche lied on VW ambition"},"content":{"rendered":"<p>Times Online &#8211; American hedge fund managers sued Porsche and two of its former top managers yesterday for more than $1 billion (\u00a3620 million), in what may be one of the biggest damages claims ever received by a German company.<\/p>\n<p>Four fund managers \u2014 Elliott Associates, Glenhill Capital Management, Glenview Capital Management and Perry Capital \u2014 accused the sports car manufacturer, its former chief executive and its former chief financial officer of repeatedly lying about their intention to take over Volkswagen.<\/p>\n<p><a href=\"http:\/\/business.timesonline.co.uk\/tol\/business\/industry_sectors\/engineering\/article7002395.ece\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Times Online &#8211; American hedge fund managers sued Porsche and two of its former top managers yesterday for more than $1 billion (\u00a3620 million), in what may be one of the biggest damages claims ever received by a German company. [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-13837","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/13837","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=13837"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/13837\/revisions"}],"predecessor-version":[{"id":13838,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/13837\/revisions\/13838"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=13837"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=13837"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=13837"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}