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Porsche Wins Dismissal of U.S. Hedge Funds' VW Lawsuit

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NEW YORK (Reuters) - Porsche Automobil Holding SE on Thursday [Dec. 27] won the dismissal of a New York lawsuit by 26 hedge funds that accused the German automaker of causing more than $1 billion of losses by cornering the market in Volkswagen AG shares.A five-justice panel of the New York State ... (Publication: Reuters Hedgeworld)

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