News and Publications

Penningtons Manches undertakes investigation on behalf of Wirecard AG investors

Posted: 13/02/2019


Penningtons Manches LLP has begun an investigation on behalf of Wirecard AG investors into the company and possible violations of securities laws by a number of its officers.

On 30 January 2019 the Financial Times reported that a Wirecard executive was suspected of using forged contracts to complete suspicious transactions. Then on 1 February 2019, it was alleged that a law firm hired by Wirecard had discovered serious offences of forgery and/or of falsification of accounts. On this news, shares of Wirecard fell nearly 20%, thereby injuring investors. 

For further information on these claims or associated rights of interest, contact Penningtons Manches partner David Niven on 020 7457 3026 or by emailing david.niven@penningtons.co.uk.


Return to news headlines

Penningtons Manches LLP

Penningtons Manches LLP is a limited liability partnership registered in England and Wales with registered number OC311575 and is authorised and regulated by the Solicitors Regulation Authority. San Francisco is an associated office.

Penningtons Manches LLP