Tag: Haerter

By on June 19, 2013

After a court in Braunschweig, Germany, dismissed two investor lawsuits against Porsche SE, it didn’t take the third one either. Instead, it delegated a lawsuit that seeks $2.7 billion in damages to a Hanover-based court that specializes in cartel matters, Reuters says. Finally, a decision after a hedge fund’s heart. (Read More…)

By on June 4, 2013
Haerter goes to court

Haerter goes to court

Porsche’s former high-flying finance chief Holger Härter was been fined 630,000 euros ($820,000) for misleading French bank BNP Paribas in loan negotiations in early 2009. This despite testimonies by bank representatives who said BNP did not feel misled. (Read More…)

By on August 6, 2012

After three years of work, police in Germany concluded its probe into the affair surrounding the failed takeover of Volkswagen by Porsche. Former Porsche CEO Wendelin Wiedeking and his then CFO Holger Haerter have been investigated for market manipulation.  According to Der Spiegel, the public prosecutor in Stuttgart, Germany, will charge the duo.  Reuters heard meanwhile that the trigger is not yet being pulled, and that the two have three suspense-filled months ahead of them. (Read More…)

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