Leipold Rechtsanwaltskanzlei: Securing the assets of the Wirecard Executive Board Dr. M. Braun for injured investors

DJ Leipold Rechtsanwaltskanzlei: Securing the assets of the Wirecard Executive Board Dr. M. Braun for injured investors

DGAP-Media / 2021-01-07 / 11:44 
 
Attorney and specialist lawyer for banking and capital markets law Michael Lei 
pold secures his clients the first real estate of the former board of director 
s of Wirecard AG, Dr. M. Braun. Due to numerous proceedings, the firm currentl 
y has titles in the order of approx. 23 million euros.  By way of foreclosure, 
 the first compulsory security mortgages on Dr. Braun, so that after a sale of 
 the property, the aggrieved investors who are represented by the law firm Lei 
pold can receive damages.  The background to these lawsuits is the insolvency 
of Wirecard AG in summer 2020 and the associated investigations by the Munich 
I public prosecutor's office against Dr. Braun as a former board member of the 
 company.  Dr. Braun was accused of numerous criminal offenses by the Munich I 
 public prosecutor's office, which should ultimately have led to the disappear 
ance of over 1.9 billion euros from the balance sheet of Wirecard AG. In addit 
ion, the company is said to have not made a profit since 2015, although the ba 
lance sheets showed a high three-digit million amount in profits.  In June 202 
0, the auditing company EY Germany refused to approve the 2019 balance sheet. 
As a result, the share price collapsed almost completely. Investors suffered a 
 total loss of their investment.  Affected investors can therefore report the 
damage directly to Dr. Braun and to compensate for their damage there.  "It is 
 a great success for investors to now secure Dr. Braun's assets for the injure 
d parties." so lawyer and specialist lawyer for banking and capital market law 
 Michael Leipold with law firms in Hamburg and Bavaria.  Leipold Rechtsanwalts 
kanzlei Neuer Wall 50 20345 Hamburg  Telefon:  [phone] Telefax: 
 +49 (0) 40/2109175 19 E-Mail: [e-mail] 
 
End of Media Release 
 
Issuer: Leipold Rechtsanwaltskanzlei 
Key word(s): Law 
 
2021-01-07 Dissemination of a Press Release, transmitted by DGAP - a service 
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(END) Dow Jones Newswires

January 07, 2021 05:44 ET (10:44 GMT)