Pomerantz LLP

Please read and download this complaint. When you have finished, continue to Join this ACTION >>

Questions? Contact Us

Wirecard AG

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 rswilloughby@pomlaw.com or 888-476-6529, ext. 9980.

The investigation concerns whether Wirecard and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

On January 30, 2019, The Financial Times reported that a senior executive at the Company was suspected of using forged contracts in connection with several suspicious transactions.  The article cited “[a]n internal presentation [that] described potentially fraudulent money flows at Wirecard,” relating to “transactions [that] were ordered by Edo Kurniawan, who is responsible for the payment group’s accounting in the Asia-Pacific region.”  Following this news, Wirecard’s stock price fell sharply, damaging investors.