A U.S. District Court Judge refuses a motion by DaimlerChrysler AG on March 22 to dismiss two lawsuits that allege the auto maker mislead investors about the true nature of the 1998 merger of the Chrysler Corp. and Daimler-Benz AG. One of the lawsuits was filed in November 2000 against DC’s senior management by strategic shareholder Kirk Kerkorian. He is seeking $8 billion in damages because he believes DC CEO Juergen Schrempp and other senior Daimler-Benz management wanted to make ...
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