Ex-Porsche CEO
Wendelin Wiedeking has in court
The former Porsche CEO Wendelin Wiedeking has to stand trial on suspicion of market manipulation. This was announced by the Stuttgart Higher Regional Court on Tuesday
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There, the prosecution had filed an appeal against the decision of the District Court to dismiss the opening of main proceedings. Then sitting together with Wiedeking also the former CFO Holger Haerter on the dock.
The prosecution had accused of market manipulation against the Manager charged because they do not sufficiently the financial market from the perspective of authority between 2007 and 2009 on Porsche’s entry informed at Volkswagen
The managers reject the allegations
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