Cheated investors could get money back from EY

However, a direct lawsuit still takes a long time. The process can become very costly for investors. Is it worth it for someone who has lost a few thousand euros?
In the event of damage of less than 10,000 euros, investors would have to join forces to form a dispute union to make it worthwhile. Everyone still complains for themselves. However, the costs can be bundled. By relieving investors of the burden of individually proving how they came to their investment decision, the Munich Higher Regional Court laid the basis for such alliances. Although the regional court had recently separated such complaints again and again, the decision of the higher regional court gives cause for hope.

More on the subject: As Wirecard boss, Markus Braun boasted that he had “full insight” into the business. Today he is clueless, as a victim in the billion dollar scandal. But his evidence is thin – and his shortcomings numerous.

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