Tag: damages
Commerzbank is suing auditor EY over Wirecard losses
Commerzbank The major German bank is trying to recover its losses from the Wirecard bankruptcy in court. (Photo: dpa) Frankfurt Commerzbank wants to recover losses of around 200 million euros…
Facebook pays $725 million in data lawsuit
Meta Headquarters in Menlo Park According to the group, the agreement is “in the best interest of our community and our shareholders”. (Photo: AP) Boston Facebook owner Meta has agreed…
Facebook pays $725 million in data lawsuit
Meta Headquarters in Menlo Park According to the group, the agreement is “in the best interest of our community and our shareholders”. (Photo: AP) Boston Facebook owner Meta has agreed…
NRW has to bear tax debts from WestLB cum-ex transactions
WestLB successor company Portigon Portigon, the legal successor to the broken-up Landesbank WestLB, loses in court and has to pay for tax liabilities from cum-ex transactions. (Photo: dpa) Frankfurt, Dusseldorf…
Ex-Postbank shareholders can hope for additional payments again – 700 million euros are being demanded
postal bank Between 2008 and 2015, Postbank was completely taken over by Deutsche Bank. (Photo: imago images/imagebroker) Karlsruhe In the long legal dispute with Deutsche Bank, former Postbank shareholders can…
ABB pays $315 million in bribery scandal
Johannesburg The Swiss technology group ABB Ltd. pays more than $315 million to settle investigations by the US Department of Justice and South African and Swiss authorities into a bribery…
Gazprom is to pay billions in damages
Uniper The gas trader goes before an international arbitration board. (Photo: Bloomberg) Frankfurt The energy company Uniper, which is about to be nationalized, wants to sue for damages in the…
New US lawsuits against Deutsche Bank over Epstein deals
Deutsche Bank Epstein was a Deutsche Bank client from August 2013 to December 2018. (Photo: IMAGO/Schöning) new York Deutsche Bank is facing new lawsuits in the United States over its…
Shareholders get nothing after bankruptcy
Wirecard logo According to a judgment by the Munich I Regional Court, Wirecard shareholders are left empty-handed in the event of insolvency. (Photo: dpa) Dusseldorf, Berlin According to a judgment…
Traffic light coalition disagrees about better compensation for train delays
Standstill at Stuttgart main station The numerous construction sites are the main problem of the railway, as the group admits. As a result, traffic will be slowed down while demand…
Shareholder representatives continue to argue over Winterkorn settlement
Martin Winterkorn in January 2017 The shareholders’ protectors complain that the former VW CEO got off too cheaply in the comparison. (Photo: dpa) Cologne More than seven years after the…
More and more EU countries are getting out – pressure on Germany
opencast lignite mining The Energy Charter costs states a lot of money if they want to phase out coal, oil or gas. (Photo: dpa) Brussels France’s decision to withdraw from…
More and more EU countries are getting out – pressure on Germany
Brussels France’s decision to withdraw from the Energy Charter has been around for around two weeks. According to climate protectors, the investment protection agreement makes switching to wind and solar…
Bayer wants to appeal damages judgment because of PCBs in the USA
Bayer Since 2020, the company has been able to settle the majority of the legal disputes with US municipalities in connection with PCB-contaminated wastewater for $650 million. (Photo: dpa) Frankfurt…
Apobank submits an invoice to the Warburg Group
Pharmacy bank in Berlin Warburg Invest managed the fund, Apobank acted as custodian bank. (Photo: mauritius images / Schoening / Alamy) Dusseldorf You always meet twice in life, this time…
Consumer rights: The German class action is coming
Berlin If German companies harm consumers with their business practices, they must expect a class action lawsuit in the future. This is provided for in a draft bill by Federal…
Deutsche Bank settles $26 million in US lawsuit
Deutsche Bank Plaintiffs accused the bank of overly lax supervision of ultra-rich customers. (Photo: Reuters) new York Deutsche Bank agrees in legal dispute with investors to pay a settlement of…
Deutsche Bank agrees $26 million settlement in US lawsuit
Deutsche Bank Plaintiffs accused the bank of overly lax supervision of ultra-rich customers. (Photo: Reuters) new York Deutsche Bank agrees in legal dispute with investors to pay a settlement of…
Agreement with investors delayed
Corporate headquarters Deutsche Telekom Shareholders fought for damages for more than 20 years. (Photo: dpa) Frankfurt The road to an end to the two-decade dispute over damages for Telekom shareholders…
Decision on Porsche’s IPO is approaching
Porsche logo Through Porsche SE, the founding families Porsche and Piech are major shareholders in the Wolfsburg-based Volkswagen Group, which in turn includes Porsche AG as a subsidiary. (Photo: IMAGO/photothek)…