Porsche Raided on Suspicion of Market Manipulation

The soap opera style story of the love-hate relationship between Porsches and Volkswagen is definitely the hot story of this summer, with a new episode released yesterday:

Aug. 20 (Bloomberg) -- Porsche SE, the sports-car maker being bought by Volkswagen AG, was raided by German prosecutors in an investigation of possible violations of securities law and market manipulation.

Officials seized documents from the Stuttgart headquarters this morning, Porsche said in a statement.

Unfortunately, there isn't much info about the what/who/how yet.

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