Daimler sued for $1 billion in German court over diesel cheating
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FRANKFURT (Reuters) - Investors have sued Daimler for 896 million euros (760.4 million pounds) in a regional court in Stuttgart, accusing the carmaker of concealing its use of emissions cheating software, German law firm TILP said on Tuesday.The suit was filed on behalf of institutional investors who accuse Daimler of failing to inform investors about the risks and costs of using such devices, which amounts to a violation of capital markets law, the lawfirm said.In a statement, attorney Andreas..