Porsche Is Sued by a U.S. Dealership Ahead of the Sportscar Maker’s IPO

A South Florida dealership is suing Porsche, just ahead of an initial public offering of the car maker’s stock planned for late this month or early October.

On Thursday, The Collection, a dealership in Miami, filed suit against Porsche Cars North America and other Porsche subsidiaries, alleging that the auto maker violated Florida law and may be trying to squeeze out dealers so it can sell cars directly to consumers.

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