Wirecard Investors Sue Regulator For Missed Financial Issues

Law360, London (July 24, 2020, 12:21 PM BST) -- Investors in Wirecard AG have filed a group lawsuit against Germany's financial markets regulator for failing to pursue evidence of financial trouble at the payments company in the run-up to its collapse last month.

A German law firm has said it has filed a lawsuit seeking damages on behalf of Wirecard investors who accuse the regulator of dereliction of duty. (AP) A German law firm said on Friday that it has filed a lawsuit at a Frankfurt court to seek damages. The firm is bringing the case on behalf of investors who accuse the regulator, known as BaFin, of dereliction of duty for...

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