US appeals panel assesses Porsche-VW short squeeze

Newswire

* Hedge funds claimed "short squeeze" on Volkswagen shares * Porsche won dismissal of lawsuit by a trial judge in 2010 * Appeal focuses on U.S. high court ruling on foreign conduct By Grant McCool NEW YORK, Feb 24 (Reuters) - Federal appeals judges on Friday honed in on whether a U.S. Supreme Court ruling limiting securities fraud lawsuits barred a $2 billion case by hedge funds accusing German automaker Porsche SE of fraudulently cornering the market in Volkswagen AG shares in ...

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