Jens Graf Rechtsanwälte: Jens GWirecard Scandal: Why Individual Plaintiffs Could Be Successful Against EY Without a Judgment

DGAP-News: Jens Graf Rechtsanwälte / Key word (s): Miscellaneous / Insolvency

Jens GWirecard Scandal: Why Individual Plaintiffs Could Be Successful Against EY Without a Judgment met Lawyers:

04.11.2020 / 08:00
The issuer is responsible for the content of the announcement.

If a court judges for the first time that the auditing company EY is liable to Wirecard investors for negligent execution of its audit tasks for willful immoral damage, EY must expect masses of further lawsuits. In order not to encourage all injured parties to file lawsuits at an early stage, it will be necessary to prevent reports of success from investors who are already litigating. If an individual lawsuit is threatened with a conviction, one could be forced to make substantial payments in order to make comparisons with confidentiality clauses. Because of this tactic, it is well known that it took more than four years for the Diesel judgment in May 2020.

Against this background, it is particularly advisable for injured parties who are insured with legal protection to bring legally tried and tested individual actions as soon as possible. Jens Graf Rechtsanwälte, Düsseldorf, offer their clients this service, which is not afflicted with the disadvantages of mass events and is focused on their case, which also includes requests for cover from legal expenses insurance. The individual claim against EY could also constitute a necessary preliminary stage of an official liability process without a “class action”. Should this experiment still be necessary for individual plaintiffs.

Düsseldorf, November 4th, 2020, Attorney Jens Graf, Königsallee 52 – 54, 40212 Düsseldorf, Tel .: 0211 86322525 Fax: 0211 86322555, E-Mail: [email protected], www. Vermögensre construction.de

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11/04/2020 Publication of a Corporate News / Financial News, transmitted by DGAP – a service of EQS Group AG.
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