It is expected that the automaker will challenge the payment of punitive damages.
The regional court in Stuttgart has ruled on the complaint of the investor associated with a diesel VW scandal, which controls automaker Porsche. The decision of the court one of the plaintiffs should receive 3.2 million euros from the holding.
As noted, another investor was awarded to 44 million euros. It’s not only the complaints of investors against Porsche and Volkswagen.
According to the plaintiffs, the braking of the company’s management regarding the message of the market about the risks of the scandal led to their loss due to jumps in the value of shares. Porsche rejects these claims.
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