Holger Haerter

Porsche faces $1.8 billion suit over Volkswagen options trades

May 13, 2013 14:34 CET
Porsche Automobil Holding, already facing suits seeking a combined 4 billion euros ($5.2 billion) linked to the carmaker's aborted takeover of Volkswagen, was sued by more hedge funds in Germany.... Read More »

 

Porsche says 12 additional hedge funds withdraw U.S. suit appeal

May 1, 2013 06:01 CET
Porsche SE says an additional 12 hedge funds have dropped a U.S. court appeal in a market manipulation suit focusing on the company's failed attempt to takeover Volkswagen in 2008.... Read More »

 

Porsche's criminal probes may help investors' German lawsuits

April 16, 2013 13:34 CET
German lawsuits from investors seeking 4 billion euros ($5.2 billion) from Porsche SE over its failed takeover of Volkswagen may be helped by details from ongoing criminal probes into senior company executives.... Read More »

 

Porsche manipulation probe extended to all board members

Feb. 12, 2013 10:34 CET
Stuttgart prosecutors have extended a probe into market manipulation during Porsche's failed bid to take over Volkswagen to all members of Porsche SE's supervisory board, including chairman Wolfgang Porsche and his cousin, Ferdinand Piech.... Read More »

 

Ex-Porsche CEO Wiedeking charged over failed Volkswagen bid

Dec. 19, 2012 14:49 CET
Former Porsche CEO Wendelin Wiedeking and ex-Chief Financial Officer Holger Haerter were charged with market manipulation over the use of options in a failed bid to take over Volkswagen.... Read More »

 

Ex-Porsche CFO Haerter 'aghast' at criminal case over bank loan

Sept. 5, 2012 11:34 CET
Former Porsche CFO Holger Haerter told a German court on the first day of his trial that he didn't make misleading statements in 2009 when the company refinanced a 10 billion-euro loan ($12.5 billion).... Read More »

 

Porsche plaintiffs have limited tools to prove stock manipulation claims

June 26, 2012 12:34 CET
Plaintiffs seeking $5 billion in damages from Porsche SE, the holding company behind the carmaker, may find it difficult to make their case in a German court system that offers them only a limited view of the company's inner workings. Five cases claiming the company manipulated stock prices in its failed bid to take over Volkswagen are pending at a Braunschweig court.... Read More »