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European Investors-VEB summons EY for market manipulation in Wirecard scandal

Posted on by Nick
European Investors-VEB summons auditing firm EY in Germany before a Stuttgart court for its role in the Wirecard scandal. EY has been Wirecard AG’s independent external auditor for years. European Investors-VEB believes that the firm’s audit procedures qualify as manifest violations of the auditor’s duty of care. In particular, European Investors-VEB focuses on EY’s conduct as from 28 April ...
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Steinhoff’s first half-year report raises questions,

Posted on by Nick
Investors request more information on current state of affairs at Steinhoff Seven months after the widespread accounting irregularities came to light, Steinhoff issued its half-year report for the six months ended 31 March 2018. The half-year results, also containing the unaudited restated half-year condensed financial statement for the six months ended 31 March 2017, provide investors with some ...
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