Energy News / Shareholders Foundation, Inc.

WCAGY, WRCDF Shareholder Notice: Deadline on April 9, 2019 in Lawsuit Against Wirecard AG Upcoming

Via: ReleaseWire

Updated 12:00 PM CDT, Mon, April 08,2019

A Deadline is coming up on April 9, 2019 in the lawsuit for investors in Wirecard AG (WCAGY, WRCDF) and WCAGY, WRCDF stockholders should contact the Shareholders Foundation.

San Diego, CA -- (SBWIRE) -- 04/08/2019 -- The Shareholders Foundation announces that a deadline is coming up on April 9, 2019 in the lawsuit filed for investors of Wirecard AG (WCAGY, WRCDF over alleged securities laws violations by Wirecard AG.

Investors who purchased shares of Wirecard AG (WCAGY, WRCDF) have certain options and there are strict and short deadlines running. Deadline: April 9, 2019. WCAGY, WRCDF stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The plaintiff alleges on behalf of purchasers of Wirecard AG (WCAGY, WRCDF) common shares between April 7, 2016 and February 1, 2019, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between April 7, 2016 and February 1, 2019, the defendants made false and/or misleading statements and/or failed to disclose that for the period spanning from 2015 to 2018, a senior Wirecard executive in Singapore had been accused of forging and backdating contracts, including falsifying accounts and money laundering, that an external law firm commissioned to investigate Wirecard's Singapore office had reportedly found evidence of "serious offences of forgery and/or of falsification of accounts", that Wirecard had downplayed weaknesses in its internal controls over financial reporting and failed to disclose the true extent of those weaknesses, and that as a result, defendants' statements about Wirecard's business, operations and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

Those who purchased shares of Wirecard AG (WCAGY, WRCDF) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

For more information on this press release visit:
http://www.sbwire.com/press-releases/wcagy-wrcdf-shareholder-notice-deadline-on-april-9-2019-in-lawsuit-against-wirecard-ag-upcoming-1190420.htm

Media Relations Contact
Michael Daniels
1-858-779-1554
Email: Click to Email Michael Daniels
Web: http://www.ShareholdersFoundation.com