Hagens Berman Alerts Wirecard (WCAGY; WRCDF) Investors to Investigation of Possible Accounting Irregularities and Securities Law Violations
San Francisco - Hagens Berman Sobol Shapiro LLP notifies investors in Wirecard AG (WCAGY; WRCDF) of the Firm’s investigation of possible violations of the Federal securities laws. If you purchased or otherwise acquired Wirecard securities between April 1, 2018 and February 1, 2019 and suffered losses contact Hagens Berman Sobol Shapiro LLP. For more information visit:
or contact Reed Kathrein, who is leading the firm’s investigation, by calling 510-725-3000 or emailing
On January 30, 2019, the Financial Times reported that an internal Wirecard presentation outlined potential violations of Singapore law, “including ‘falsification of accounts’ and ‘money laundering.’” The presentation reportedly was prepared by a Wirecard compliance officer for a presentation to the Company’s senior executives.
Since this news, the prices of Wirecard securities have significantly fallen.
“We’re focused on investors’ losses, the extent to which senior management may have engaged in improper round-tripping transactions, and whether investors may have been misled,” said Hagens Berman partner Reed Kathrein.
Whistleblowers: Persons with non-public information regarding Wirecard should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 510-725-3000 or email WRCDF@hbsslaw.com.
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Reed Kathrein, 510-725-3000
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