EY's German Unit Axed From Wirecard Investor Suit

By Katryna Perera (December 8, 2022, 7:23 PM EST) -- 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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