{"id":40387,"date":"2014-02-03T07:32:37","date_gmt":"2014-02-03T12:32:37","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=40387"},"modified":"2014-02-03T07:32:37","modified_gmt":"2014-02-03T12:32:37","slug":"hedge-funds-seek-1-8-billion-damages-from-members-of-porsches-owning-family","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/02\/2014\/hedge-funds-seek-1-8-billion-damages-from-members-of-porsches-owning-family.html","title":{"rendered":"Hedge funds seek 1.8 billion damages from members of Porsche&#8217;s owning family"},"content":{"rendered":"<p>Reuters &#8211; Investors including U.S. hedge fund Elliott Associates have escalated a legal battle against members of Porsche&#8217;s supervisory board by seeking 1.8 billion euros ($2.43 billion) in damages from Wolfgang Porsche and his cousin Ferdinand Piech.<\/p>\n<p>The most recent lawsuit forms part of a legal campaign being waged by hedge funds in various courts across the world, seeking to recoup money which was lost by betting on a decline of Volkswagen&#8217;s share price in 2008.<\/p>\n<p><a href=\"http:\/\/www.chicagotribune.com\/classified\/automotive\/sns-rt-us-hedge-funds-20140202,0,6998676.story\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters &#8211; Investors including U.S. hedge fund Elliott Associates have escalated a legal battle against members of Porsche&#8217;s supervisory board by seeking 1.8 billion euros ($2.43 billion) in damages from Wolfgang Porsche and his cousin Ferdinand Piech. The most recent [&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-40387","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/40387","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=40387"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/40387\/revisions"}],"predecessor-version":[{"id":40388,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/40387\/revisions\/40388"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=40387"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=40387"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=40387"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}