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German prosecutors start formal investigation of Porsche SE execs

Reuters  |  BERLIN 

BERLIN (Reuters) - German prosecutors said they have launched a formal investigation of Porsche SE executives Matthias Mueller and Hans Dieter Poetsch on grounds of suspected market manipulation.The prosecutor's office in Stuttgart said on Wednesday it is investigating Mueller, the current Chief Executive of Volkswagen, for his role as board member of Porsche Automobil Holding SE and Hans Dieter Poetsch, who is currently Porsche SE Chief Executive, on suspicion they may have informed investors too late about risks to the Porsche holding firm from Volkswagen's diesel emissions scandal.The ...

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