Wirecard

DGAP-News: Opening of the insolvency proceedings of Wirecard AG

Retrieved on: 
Tuesday, August 25, 2020
Wirecard, Money, Finance, Debt, Insolvency, Economy

The issuer is solely responsible for the content of this announcement.

Key Points: 
  • The issuer is solely responsible for the content of this announcement.
  • Aschheim (Munich) With today's decision, the district court of Munich has opened the insolvency proceedings regarding the assets of Wirecard AG, which were applied for on 25 June 2020.
  • The current preliminary insolvency administrator Dr. jur.
  • Michael Jaff from the law firm JAFF Rechtsanwlte was appointed as insolvency administrator.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Wirecard AG - WCAGY- WRCDF

Retrieved on: 
Saturday, August 22, 2020
Wirecard, Abraham Pomerantz, Pomerantz, Companies, Economy, Money

NEW YORK, Aug. 22, 2020 /PRNewswire/ --Pomerantz LLP is investigating claims on behalf of investors ofWirecard AG ("Wirecard" or the "Company")(OTCMKTS: WCAGY; WRCDF).

Key Points: 
  • NEW YORK, Aug. 22, 2020 /PRNewswire/ --Pomerantz LLP is investigating claims on behalf of investors ofWirecard AG ("Wirecard" or the "Company")(OTCMKTS: WCAGY; WRCDF).
  • Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext.
  • The investigation concerns whether Wirecard and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions.

Glancy Prongay & Murray Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Wirecard AG (WCAGY, WRCDF)

Retrieved on: 
Friday, August 21, 2020
Wirecard, Lluís Companys, Class action, Companies, Government of Spain, Money

On this news, the Companys share price fell $69.74, or over 69%, to close at $29.90 per share on June 18, 2020.

Key Points: 
  • On this news, the Companys share price fell $69.74, or over 69%, to close at $29.90 per share on June 18, 2020.
  • On this news, the Companys share price fell $4.85, or over 34%, to close at $11.41 on June 23, 2020, thereby injuring investors.
  • If you purchased or otherwise acquired Wirecard securities during the Class Period, you may move the Court no later thanSeptember 8, 2020 to request appointment as lead plaintiff in this putative class action lawsuit.
  • To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Wirecard AG – WCAGY- WRCDF

Retrieved on: 
Thursday, August 20, 2020
Wirecard, Abraham Pomerantz, Pomerantz, Companies, Money, Economy

NEW YORK, Aug. 20, 2020 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Wirecard AG (Wirecard or the Company) (OTCMKTS: WCAGY; WRCDF).

Key Points: 
  • NEW YORK, Aug. 20, 2020 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Wirecard AG (Wirecard or the Company) (OTCMKTS: WCAGY; WRCDF).
  • Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions.
  • The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members.

Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against Kingold Jewelry, Pilgrim’s Pride, GEO Group, and Wirecard and Encourages Investors to Contact the Firm

Retrieved on: 
Wednesday, August 19, 2020
Finance, Wirecard, Depositary receipts, Money, American depositary receipt, Caixin, Bragar, Lluís Companys, Companies

On June 29, 2020, Caixin Global published an article entitled Cover Story: The Mystery of $2 Billion of Loans Backed by Fake Gold.

Key Points: 
  • On June 29, 2020, Caixin Global published an article entitled Cover Story: The Mystery of $2 Billion of Loans Backed by Fake Gold.
  • On this news, shares of Kingold stock fell $0.27 per share, or over 24%, to close at $0.85 per share on June 29, 2020.
  • Following the Companys announcement, Wirecards American depositary receipts (ADRs) fell$38.30per ADR, or 65.47%, to close at$20.20per ADR onJune 18, 2020.
  • For more information on the Wirecard class action go to: https://bespc.com/wirecard
    About Bragar Eagel & Squire, P.C.

New York Financial Writers' Association Names 2020 Impact Award Recipients

Retrieved on: 
Wednesday, August 19, 2020
Wirecard, Economy, Money, Finance, Financial Times, Fraud, Insolvency, Wirecard scandal

NEW YORK, Aug. 19, 2020 /PRNewswire/ --The New York Financial Writers' Association is pleased to name Dan McCrum, Stefania Palma, Olaf Storbeck and John Reed of the Financial Times the 2020 winners of the Impact Award for their series of reports that exposed a massive fraud at Wirecard.

Key Points: 
  • NEW YORK, Aug. 19, 2020 /PRNewswire/ --The New York Financial Writers' Association is pleased to name Dan McCrum, Stefania Palma, Olaf Storbeck and John Reed of the Financial Times the 2020 winners of the Impact Award for their series of reports that exposed a massive fraud at Wirecard.
  • In June, the payment processing company collapsed into insolvency, just days after revealing a $2.1 billion accounting hole at the core of its business.
  • Established by NYFWA in 2019, the Impact Award for Distinguished Financial Journalism honors a story or body of work by business journalists whose reporting spurred impact, irrespective of when the stories were published.
  • Founded in 1938, NYFWA is the oldest organization of its kind devoted to advancing business and financial journalism.

HAGENS BERMAN Files Amended Securities Complaint Against Wirecard (WCAGY; WRCDF) Expanding Class Period & Adding Auditor and Supervisory Board Member

Retrieved on: 
Wednesday, August 19, 2020
Legal, Professional services, Wirecard, Companies, Steve Berman, Economy, Business, Wirecard scandal

), notifies investors in Wirecard ADS purchased in the United States with tickers WCAGY or WRCDF, that it has filed an amended securities fraud complaint expanding the Class Period and adding Wulf Matthias, former Chairman of Wirecards Supervisory Board, and auditor Ernst & Young GmbH Wirtschaftsprefungsgesellschaft (E&Y) as additional Defendants.

Key Points: 
  • ), notifies investors in Wirecard ADS purchased in the United States with tickers WCAGY or WRCDF, that it has filed an amended securities fraud complaint expanding the Class Period and adding Wulf Matthias, former Chairman of Wirecards Supervisory Board, and auditor Ernst & Young GmbH Wirtschaftsprefungsgesellschaft (E&Y) as additional Defendants.
  • Hagens Berman urges investors in Wirecard securities traded in the United States to contact the firm:
    The pending securities fraud case concerns Defendants deliberate use of improper accounting designed to inflate sales and profits.
  • Throughout the Class Period, Defendants repeatedly affirmed the effectiveness of Wirecards internal controls and processes for financial reporting.
  • On May 6, 2019, the Court appointed an individual Wirecard investor Lead Plaintiff for the Class and Hagens Berman as Lead Counsel.

Transformation of the Middle East and Africa's E-Payments Market During COVID-19

Retrieved on: 
Thursday, August 13, 2020
Money, Economy, Finance, Online payments, Mobile payments, Contactless payment, EMV, Radio-frequency identification, Payment, E-commerce, Contactless, Wirecard

DUBLIN, Aug. 13, 2020 /PRNewswire/ -- The "Middle East & Africa Online Payment Methods 2020 and COVID-19's Impact" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Aug. 13, 2020 /PRNewswire/ -- The "Middle East & Africa Online Payment Methods 2020 and COVID-19's Impact" report has been added to ResearchAndMarkets.com's offering.
  • Mobile money, card, and contactless payments are among the payment methods that are benefitting from consumers turning their backs on cash.
  • This report covers the online payment market in the Middle East & Africa.
  • The countries are grouped by sub-region (Middle East and Africa) are presented in the descending order of B2C E-Commerce sales.

ROSEN, A GLOBALLY RECOGNIZED LAW FIRM, Reminds Wirecard AG Investors of Important Deadline in Securities Class Action – WCAGY, WRCDF

Retrieved on: 
Wednesday, August 12, 2020
Stock market, Finance, Lawsuits, Securities Class Action, Wirecard, Money, Security, Class action, Companies, Robbins Geller Rudman & Dowd LLP, Grant & Eisenhofer

To join the Wirecard class action, go to http://www.rosenlegal.com/cases-register-1880.html or call Phillip Kim, Esq.

Key Points: 
  • To join the Wirecard class action, go to http://www.rosenlegal.com/cases-register-1880.html or call Phillip Kim, Esq.
  • Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
  • 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017.
  • Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company.

HAGENS BERMAN, APPOINTED LEAD COUNSEL in Wirecard Securities Fraud Class Action, Notifies Wirecard ADS Investors (WCAGY; WRCDF) of Intent to File Amended Complaint Expanding Class Period to Recover Losses

Retrieved on: 
Wednesday, August 12, 2020
Fraud, Wirecard, Crime, Accounting scandals, Securities fraud, Class action, Steve Berman, Wirecard scandal

Lead Counsels & Lead Plaintiffs Pending Wirecard (WCAGY; WRCDF) Securities Fraud Class Action:

Key Points: 
  • Lead Counsels & Lead Plaintiffs Pending Wirecard (WCAGY; WRCDF) Securities Fraud Class Action:
    The pending securities fraud case concerns Defendants deliberate use of improper accounting designed to inflate sales and profits.
  • On May 6, 2019, the Court appointed an individual Wirecard investor Lead Plaintiff for the Class and Hagens Berman as Lead Counsel.
  • On Feb.14, 2020, Lead Plaintiff filed a first amended class action complaint.
  • Since this time, revelations about the full extent of the alleged accounting fraud continued and became worse.