This content is from: Premium

The Morning Brief: Hedge Funds Drop Case Against Porsche; Hayman's Bass Joins Pro-Loeb Camp at Herbalife

Porsche said in a press release that a group of hedge funds agreed to drop their lawsuit in New York State Supreme Court. In February and March 2011, 26 global hedge funds alleged the car maker committed fraud in connection with transactions involving Volkswagen shares in 2008. The hedge funds

To continue reading, subscribe now to Premium Journalism. Already a subscriber? Login.

Related Content