Hedge funds seek 1.8 billion damages from members of Porsche's owning family

FRANKFURT (Reuters) - Investors including U.S. hedge fund Elliott Associates have escalated a legal battle against members of Porsche's supervisory board by seeking 1.8 billion euros ($2.43 billion) in damages from Wolfgang Porsche and his cousin Ferdinand Piech.

from Reuters: Business News http://ift.tt/1i8g1eX