BERLIN — Porsche Holding was dragged deeper into the Volkswagen emissions debacle as investors raced to file German lawsuits ahead of the one-year anniversary of the scandal.A group of institutional investors filed a pair of lawsuits, seeking €2.8bn from VW and €2.2bn from Porsche, Klaus Nieding, a lawyer for the plaintiffs, said on Friday. Shareholders say both companies should have disclosed the problems sooner. Porsche, which is also publicly traded, owns the majority of VW shares.Deutsche Asset Management, a unit of Deutsche Bank, will also sue to recover losses in the funds it manages, a person familiar with the issue said. The unit had to pursue the claims as it could otherwise be liable to clients, according to the person, who asked not to be identified. Deutsche Bank’s press office declined to comment.The cases are among thousands flooding a court in Braunschweig, Germany, as investors sue over VW’s admission it rigged software on 11-million diesel vehicles to cheat on pollu...
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