Porsche under fire
The Federal Supreme Court (16.06.2020, II ZB 10/19) has admitted a class action (Musterfeststellungsklage) by the shareholders of Porsche SE, who were harmed by the diesel scandal, against Porsche SE. The amount involved is more than 1 billion euros. The injured shareholders are of the opinion that they paid too much for their shares. If VW and then Porsche had informed the public about the diesel scandal earlier, the shares would have been cheaper.