{"id":35581,"date":"2013-05-17T02:28:27","date_gmt":"2013-05-17T06:28:27","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=35581"},"modified":"2013-05-17T02:28:27","modified_gmt":"2013-05-17T06:28:27","slug":"hedge-funds-file-new-mega-lawsuit-against-porsche","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/05\/2013\/hedge-funds-file-new-mega-lawsuit-against-porsche.html","title":{"rendered":"Hedge Funds File New Mega Lawsuit Against Porsche"},"content":{"rendered":"<p>WSJ &#8211; Luxury Italian sports car maker Porsche is\u00a0facing a new lawsuit linked to its failed takeover bid\u00a0for Germany\u2019s\u00a0Volkswagen.<\/p>\n<p>An additional 25 hedge funds, including David Einhorn\u2019s Greenlight Capital, Viking Global Equities and Glenhill Capital, are suing Porsche in German courts demanding damages of $1.8 billion. The new suits join a number of earlier suits that seek a total of $5.2 billion in damages, Bloomberg notes.<\/p>\n<p><a href=\"http:\/\/blogs.wsj.com\/moneybeat\/2013\/05\/16\/miami-to-hedge-funds-come-on-in-the-water-is-warm\/\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>WSJ &#8211; Luxury Italian sports car maker Porsche is\u00a0facing a new lawsuit linked to its failed takeover bid\u00a0for Germany\u2019s\u00a0Volkswagen. An additional 25 hedge funds, including David Einhorn\u2019s Greenlight Capital, Viking Global Equities and Glenhill Capital, are suing Porsche in German [&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-35581","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/35581","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=35581"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/35581\/revisions"}],"predecessor-version":[{"id":37485,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/35581\/revisions\/37485"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=35581"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=35581"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=35581"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}