{"id":19681,"date":"2010-12-31T07:17:22","date_gmt":"2010-12-31T11:17:22","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=19681"},"modified":"2010-12-31T07:17:22","modified_gmt":"2010-12-31T11:17:22","slug":"porsche-wins-2-billion-u-s-hedge-fund-suits-dismissal","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/12\/2010\/porsche-wins-2-billion-u-s-hedge-fund-suits-dismissal.html","title":{"rendered":"Porsche wins $2 billion U.S. hedge fund suit&#8217;s dismissal"},"content":{"rendered":"<p>Reuters &#8211; A U.S. federal judge dismissed a lawsuit by 10 hedge fund groups accusing German automaker Porsche SE of cornering the market in shares of Volkswagen AG, resulting in more than $2 billion of damages.<\/p>\n<p>U.S. District Judge Harold Baer said the funds, led by Elliott Associates and Black Diamond Offshore Ltd, could not maintain securities fraud claims based on Porsche&#8217;s alleged &#8220;short squeeze.&#8221;<\/p>\n<p><strong><a href=\"http:\/\/www.reuters.com\/article\/idUSTRE6BT4BU20101231\" target=\"_blank\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters &#8211; A U.S. federal judge dismissed a lawsuit by 10 hedge fund groups accusing German automaker Porsche SE of cornering the market in shares of Volkswagen AG, resulting in more than $2 billion of damages. U.S. District Judge Harold [&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-19681","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/19681","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=19681"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/19681\/revisions"}],"predecessor-version":[{"id":19683,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/19681\/revisions\/19683"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=19681"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=19681"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=19681"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}