Trust in over
25 years of experience
As a specialist in banking and capital market law, Mattil is one of the most experienced lawyers in Germany. Mr. Mattil has been appointed to the creditors' committee of many insolvency cases by the insolvency courts.
Bundle your interests with MATTIL. Much can be achieved by forming majorities.
MATTIL chambers looks back at over 25 years of experience in investor protection
On the creditors' committee at numerous insolvent investment companies
First successful precedent in Germany, conducted by law firm MATTIL (KAP 1/07 v 30.12 11)
Comprehensive, 25-year-long experience with capital investments of all kinds, particularly funds and interest-bearing securities
Clear and reliable agreement on fees (cost transparency).
For the fifth time in a row: Best law firm in Germany in investment law or corporate law (Handelsblatt/Best Lawyers 2015-2017)
Many of the victims of Wirecard are not bond or share holders, but had purchased structured products as Bonds of other issuers with underlying Wirecard, cerificates, warrants and others.
Is there a way to claim compensation for these losses as well? Law Firm Mattil is convinced that we can include those claimants in our collective action against Wirecard Management, Supervisory board, EY and Moodys, maybe more responsibles. Our claim is based on a special german regulation that punishes not only a fraud committed to individuals but to the public. § 264 a STGB ( penal code ) condemns all responsible offenders to compensation for losses that have evoked from misleading prospectus, false public information etc.
For further questions please revert to us at any time.
25. 08. 2020
The insolvency proceeding of Wirecard AG has been opened by the court on 25th august.
The court has set a deadline for filing your claim to 26.october.
As a shareholder you are entitled to claim your losses in this proceeding.
Your claim for compensation is based on suspect of fraud and violation of financial market information .
We offer you to submit your claim that has to be reasoned and justified.
We expect a dividend in this proceeding , therefore we recommend this submission of your claim .
Please return the power of attorney that you have already received .
Following the shocking news of the past few days, a renewed outcry has been heard in the press: parent company Wirecard AG today filed for insolvency; according to the company, it is still being examined whether this is also necessary it's subsidiaries
RA MATTIL zu Wirecard Klagen
RA Mattil zu Wirecard
ZDF Morgenmagazin, 29.07.2020
Deutsche Welle, 29.07.2020
RA Mattil zu Wirecard, 12:30- 12:45 (englischsprachig)
ZDF Heute Journal, 29.07.2020
Frankfurter Rundschau, 23.07.2020
Stuttgarter Zeitung, 23.07.2020
Tagesschau ARD, 22.07.2020, 20 Uhr
plusminus ARD, 22.07.2020
Frankfurter Allgemeine, 25.06.2020
General Anzeiger Bonn, 25.06.2020
ZDF Heute, 25.06.2020, 19 Uhr
During the insolvency proceedings you can file your claims and hope that there will be a certain quota left for you. Insolvency proceedings rarely last less than 10 years, so the final loss can only then be quantified. We have seen insolvency proceedings that lasted 14 years and resulted in a quota of zero for the investors. The problem: claims for damages against the management, initiators, founders, auditors, etc. are subject to a limitation period of 3 years from the time when the breach of duty becomes known (i.e. usually from the time of insolvency). These 3 years pass quickly.
Claims for damages may be asserted against persons who founded or managed the company or supported and confirmed its business activities, e.g. by auditions. We will examine the prerequisites and prospects of success of a liability for you and, if applicable, enforce it.
Where supervisory boards and other controlling bodies are in place, the extent to which they are subject to liability as additional responsible persons with controlling and monitoring duties shall be examined. MATTIÖL examines to what extent the investor is entitled to direct claims for damages against this group of persons.
MATTIL is also reviewing claims for damages against the auditors of Wirecard AG, who issued an unqualified audit certificate for 2018 in Apr 2019. At that time, press reports about manipulations and fictitious sales were already reported. The law firm MATTIL has repeatedly and successfully sued auditors in other scandal cases.
Claims for damages may also exist against supervisory boards which also have a far-reaching supervisory duty (e.g. OLG Düsseldorf I-9 U 14/08). We will take our time to thoroughly examine these claims and, as soon as sufficient evidence is available, pursue them.
Explained step by step
Trust in over 25 years of experience
If your insurance company is willing to cover financial losses incurred, please do not hesitate to contact us. We will be happy to advise you on the appropriate measures to be taken in such a situation.
MATTIL is a highly recommended law firm for investor litigation.