BRIEF-U.S. appeals court upholds dismissal of lawsuit vs Porsche over VW short squeeze

Fri Aug 15, 2014 12:06pm EDT

Aug 15 (Reuters) - * U.S. appeals court upholds dismissal of hedge funds' lawsuit versus Porsche

Automobil Holding SE over alleged Volkswagen AG short

squeeze -- court ruling * 2nd U.S. circuit court of appeals says U.S. securities laws don't extend to

the defendants' alleged fraudulent foreign conduct

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