Back to overview

Wirecard

Wirecard model case: Information for shareholders and bondholders

The insolvency of Wirecard AG is one of the biggest economic scandals in Germany. Thousands of investors have suffered massive losses.
The Munich Regional Court is now hearing the Capital investor test case (KapMuG) against the EY auditing company and the former Wirecard CEO Dr Markus Braun.

The specialised law firm Dr Greger & Collegen represents several hundred affected investors and has consistently defended their rights since the beginning of the scandal.

Update 11.08.2025 - BGH rulings expected

We are currently representing several hundred shareholders of the insolvent Wirecard AG in proceedings before the Munich Regional Court and in KapMuG proceedings.
In the Autumn 2025 we expect significant Decisions of the Federal Court of Justice (BGH) on the further proceedings against EY and the legal position of shareholders in the insolvency proceedings.

Update 14.03.2023 - Starting signal for the KapMuG procedure

By resolution dated 13 March 2023, the Bavarian Supreme Court the model claimant in the proceedings against EY. This marked the start of the deadline for filing claims in the model case.

Deadline for filing claims

  • Injured Wirecard investors have the right to claim damages from the publication of the model claimant 6 months timeto register their claims.
  • The application can only be made through a lawyer.
  • The process offers investors the opportunity to to assert claims for damages cost-effectively and the To suspend the statute of limitations.

It is irrelevant whether in Shares, bonds, derivatives, options or certificates was invested in Wirecard AG.

Assessment by Dr Stephan Greger

"We can clearly recommend filing claims for damages in the test case via our law firm in Munich," says Dr Stephan GregerSpecialist lawyer for banking and capital market law.
"From the very beginning, our law firm has acted as a litigation law firm for aggrieved Wirecard investors and can optimally represent the interests of investors."

Background: Lawsuits against EY over Wirecard balance sheets

Since 2022, the Regional Court of Munich I has had more than 600 claims for damages of Wirecard investors. The main opponent is the EY auditing companywho is accused of

  • over the years Falsified balance sheets certified to have,
  • ignoring warning signals and breaching inspection obligations,
  • so significantly to the Wirecard investors suffer billions in losses to have contributed.

In a ruling dated 14 March 2022, the Munich Regional Court referred key legal issues to the Bavarian Supreme Court for a decision. This paved the way for the Capital investor test case levelled.

Advantages of the Wirecard model case for investors

  • Cost-effective optionto secure claims for damages
  • Suspension of the limitation period from receivables
  • Legally binding clarification Central liability issues
  • Participation possible for Private investors, institutional investors and funds

Your options as a Wirecard investor

If you have suffered losses as a shareholder or bondholder of Wirecard AG, you should:

  1. Save your documents and custody account statements.
  2. File claims within the current deadlines.
  3. Hire a specialised law firm with experience in investment law.

FAQ

What is the Wirecard model case?

The capital investor model case (KapMuG) against EY and Markus Braun clarifies key liability issues in the Wirecard scandal and enables investors to secure claims for damages at low cost.

Who can participate in the Wirecard model case?

Eligible to participate are aggrieved Wirecard investors - whether private investors, institutional investors or funds that have invested in shares, bonds or derivatives.

What are the advantages of participating in the Wirecard model case?

Investors secure their claims against the statute of limitations, benefit from a cost-effective class action structure and receive legally binding decisions on liability issues.

What role does EY play in the Wirecard scandal?

EY audited Wirecard's balance sheets for years and certified falsified financial statements. Investors accuse EY of breaching its auditing duties and causing billions in losses as a result.

You can also find further information on the subject of "WIRECARD" on our website:

https://www.anlegerrechte24.de/Wirecard/

en_GBEnglish
de_DEGerman en_GBEnglish