The Truth About Cars » Wiedeking http://www.thetruthaboutcars.com The Truth About Cars is dedicated to providing candid, unbiased automobile reviews and the latest in auto industry news. Thu, 05 May 2016 22:06:12 +0000 en-US hourly 1 http://wordpress.org/?v=4.2.4 $2.7 Billion Lawsuit Against Porsche Goes To Court http://www.thetruthaboutcars.com/2013/06/2-7-billion-lawsuit-against-porsche-goes-to-court/ http://www.thetruthaboutcars.com/2013/06/2-7-billion-lawsuit-against-porsche-goes-to-court/#comments Wed, 19 Jun 2013 12:58:08 +0000 http://www.thetruthaboutcars.com/?p=492652 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. According to the wire service, […]

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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. According to the wire service, […]

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Former Porsche CFO Fined $820,000 http://www.thetruthaboutcars.com/2013/06/former-porsche-cfo-fined-820000/ http://www.thetruthaboutcars.com/2013/06/former-porsche-cfo-fined-820000/#comments Tue, 04 Jun 2013 13:40:38 +0000 http://www.thetruthaboutcars.com/?p=490783 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. A criminal court in Stuttgart, Germany, on Tuesday sentenced Härter “for making incomplete and wrong statements about […]

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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. A criminal court in Stuttgart, Germany, on Tuesday sentenced Härter “for making incomplete and wrong statements about […]

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Disgraced Porsche Managers Indicted For Stock Manipulation http://www.thetruthaboutcars.com/2012/12/disgraced-porsche-managers-indicted-for-stock-manipulation/ http://www.thetruthaboutcars.com/2012/12/disgraced-porsche-managers-indicted-for-stock-manipulation/#comments Wed, 19 Dec 2012 14:27:50 +0000 http://www.thetruthaboutcars.com/?p=470680 Wendelin Wiedeking, former Porsche CEO turned pizza baker, will have to defend himself in criminal court. Along with his former CFO Holger Härter, Wiedeking has been indicted in Stuttgart.  This follows a three year probe by the public prosecutor in Stuttgart which had been looking into market manipulation and illegal disclosure of insider information.  Only […]

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Wendelin Wiedeking, former Porsche CEO turned pizza baker, will have to defend himself in criminal court. Along with his former CFO Holger Härter, Wiedeking has been indicted in Stuttgart.  This follows a three year probe by the public prosecutor in Stuttgart which had been looking into market manipulation and illegal disclosure of insider information.  Only […]

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Wendelin Wiedeking In Trouble Again, This Time For Pizza Pies http://www.thetruthaboutcars.com/2012/11/wendelin-wiedeking-in-trouble-again-this-time-for-pizza-pies/ http://www.thetruthaboutcars.com/2012/11/wendelin-wiedeking-in-trouble-again-this-time-for-pizza-pies/#comments Wed, 14 Nov 2012 12:16:58 +0000 http://www.thetruthaboutcars.com/?p=466867 Remember Wendelin Wiedeking? The dethroned Porsche CEO that saw himself as chief of Volkswagen and possibly the world’s largest automaker, has found a new market niche: Pizza. He started a pizza & pasta chain called Vialino, which hopes to feed the hungry mouths of in Germany, Austria, and Switzerland with faux Italian food.  Before the […]

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Remember Wendelin Wiedeking? The dethroned Porsche CEO that saw himself as chief of Volkswagen and possibly the world’s largest automaker, has found a new market niche: Pizza. He started a pizza & pasta chain called Vialino, which hopes to feed the hungry mouths of in Germany, Austria, and Switzerland with faux Italian food.  Before the […]

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Former Porsche Managers To Be Charged For Stock Manipulation http://www.thetruthaboutcars.com/2012/08/porsche-managers-to-be-charged-for-stock-manipulation/ http://www.thetruthaboutcars.com/2012/08/porsche-managers-to-be-charged-for-stock-manipulation/#comments Mon, 06 Aug 2012 15:51:36 +0000 http://www.thetruthaboutcars.com/?p=455630 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 […]

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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 […]

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