Why It’s Significant
The Wirecard scandal is one of the biggest accounting scandals in Germany ever, causing billions of Euros of damages to investors. The claim is an example of proceedings under the German Capital Markets Model Act to seek redress for institutional investors.
Therium is working alongside its partner firm DRRT in order to bring the claim on behalf of instituitional investors.
Professional Negligence / Securities Litigation / Investor Loss / Collective Redress