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Porsche SE welcomes decision by the Regional Court of Stuttgart


Porsche

Court dismisses claim for damages of 1.36 billion euro

Today, the Regional Court of Stuttgart dismissed a claim for damages against Porsche Automobil Holding SE, Stuttgart, (Porsche SE). The plaintiffs had asserted damage claims in the amount of around 1.36 billion euro (case number 28 O 183/13).

Porsche SE welcomes the Regional Court of Stuttgart’s decision and considers its legal opinion to have been confirmed.

In September 2012, the Regional Court of Braunschweig had already dismissed two claims for damages against Porsche SE. Those two decisions are final and legally binding.