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IN RE: WIRECARD AG SECURITIES LITIGATION
Case Number:
2:20-cv-03326
Court:
Nature of Suit:
Other Statutes: Securities/Commodities
Multi Party Litigation:
Class Action
Judge:
Firms
- Bronstein Gewirtz
- Glancy Prongay
- Hagens Berman
- Kaplan Fox
- Motley Rice
- Pribanic & Pribanic
- Robbins Geller
- Rosen Law Firm PA
- Seeger Weiss
- Spector Roseman
- Williams & Connolly
Companies
Sectors & Industries:
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December 05, 2023
Judge Drops EY's German Unit From Wirecard Investor Suit
A Pennsylvania federal judge dropped the German unit of Ernst & Young for a second time from a proposed class action accusing it and failed online payments company Wirecard AG of misleading investors about Wirecard's financial viability, ruling that the investors have not established the court has jurisdiction over the German entity.
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February 09, 2023
Judge Pulls EY German Unit Back Into Wirecard Investor Suit
A Pennsylvania federal judge vacated a court order releasing the German unit of Ernst & Young from a proposed class action from investors of failed German online payments company Wirecard AG, after the investors argued the court ignored their request for jurisdictional discovery.
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December 08, 2022
EY's German Unit Axed From Wirecard Investor Suit
A Pennsylvania federal judge released the German unit of EY from a proposed class action that investors of now-failed German online payments company Wirecard AG launched over allegations that a €1.9 billion ($2 billion) accounting scandal caused Wirecard's shares to tank, saying the court lacks personal jurisdiction over EY Germany.
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September 21, 2021
Ernst & Young Unit Wants Out Of Wirecard Investor Suit
An Ernst & Young unit that provided auditing services for the now-failed German online payments company Wirecard AG asked a Pennsylvania federal judge to release it from a class action that Wirecard investors lodged over allegations that a €1.9 billion ($2.2 billion) accounting scandal caused Wirecard's shares to tank.
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September 10, 2020
6 Firms Vie For Class Counsel In Pa. Wirecard Stock-Drop Suit
Six legal teams asked a Pennsylvania federal judge for appointment to represent a proposed class of investors in a suit alleging insolvent German payment processor Wirecard AG hurt buyers of its American depositary receipts after it announced its books were overstated by more than $2 billion.
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July 07, 2020
Wirecard Faces Stock Drop Suit Over Missing $2.1B Scandal
A Wirecard AG investor hit the German online payments company with a putative stock drop class action in Pennsylvania federal court Tuesday, alleging that an accounting scandal that centers on a missing €1.9 billion ($2.1 billion) and the subsequent arrest of its former CEO caused shares to tank.