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VEB/EUROPEAN INVESTORS SERVES A WRIT OF SUMMONS AGAINST STEINHOFF COMMENCING ITS CLASS ACTION

On 2 February 2018 VEB/European Investors served a writ of summons on Steinhoff International Holdings N.V. commencing its action based on Article 3:305A of the Dutch Civil Code (class action). VEB/European Investors primarily holds Steinhoff liable for all losses incurred by Steinhoff shareholders. Steinhoff acted unlawfully towards its shareholders by providing incorrect/misleading informatio...
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UPDATE: EUROPEAN INVESTORS TAKES UP SHAREHOLDERS’ CAUSE AT STEINHOFF

European Investors and Dutch Investors’ Association VEB have invited Steinhoff International Holding NV to start a dialogue on how to protect shareholders having incurred damages as a consequence of misleading representations. Their interests warrant protection on account of the plummeting share price of Steinhoff. European Investors has sent out a letter which notifies the Board and Superviso...
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