UPDATE 2-Funds sue Porsche in U.S. for fraud over VW

Newswire

* Lawsuit over attempted 2008 takeover of Volkswagen * Names former CEO Wiedeking and VP of Finance Haerter * Alleges fraud and manipulation of the market * Funds say out-of-court settlement rebuffed (Recasts first paragraph to add specific allegations; adds further detail from complaint, funds comment) By Grant McCool NEW YORK, Jan 25 (Reuters) - A group of investment funds sued Porsche SE and two of its former top executives on Monday accusing them of fraud in a "short squeeze" ...

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