U.S. Markets closed

WIRECARD LOSSES ALERT: Bernstein Liebhard LLP Announces an Investigation of Wirecard AG

NEW YORK--(BUSINESS WIRE)--

Bernstein Liebhard, a nationally acclaimed investor rights law firm, is investigating potential securities fraud claims on behalf of shareholders of Wirecard AG ("Wirecard" or the "Company") (OTC: WCAGY, WRCDF) resulting from allegations that Wirecard might have issued misleading information to the investing public.

If you purchased Wirecard securities, and/or would like to discuss your legal rights and options please visit Wirecard Shareholder Investigation or contact Matthew E. Guarnero toll free at (877) 779-1414 or MGuarnero@bernlieb.com.

On October 15, 2019, the Financial Times reported that internal Wirecard documents from the Company "indicate[d] a concerted effort to fraudulently inflate sales and profits" in locations in Dubai and Ireland, including "strong indications" that much of the hundreds of millions of dollars in payments processed by one Dubai-based partner company in 2016 and 2017 never happened.

On this news, the price of Wirecard's shares fell precipitously.

If you purchased Wirecard securities, and/or would like to discuss your legal rights and options please visit https://www.bernlieb.com/cases/wirecardag-wcagy-wrcdf-shareholder-class-action-lawsuit-fraud-stock-202/apply/ or contact Matthew E. Guarnero toll free at (877) 779-1414 or MGuarnero@bernlieb.com.

Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for its clients. In addition to representing individual investors, the Firm has been retained by some of the largest public and private pension funds in the country to monitor their assets and pursue litigation on their behalf. As a result of its success litigating hundreds of lawsuits and class actions, the Firm has been named to The National Law Journal’s “Plaintiffs’ Hot List” thirteen times and listed in The Legal 500 for ten consecutive years.

ATTORNEY ADVERTISING. © 2019 Bernstein Liebhard LLP. The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414. The lawyer responsible for this advertisement in the State of Connecticut is Michael S. Bigin. Prior results do not guarantee or predict a similar outcome with respect to any future matter.

View source version on businesswire.com: https://www.businesswire.com/news/home/20191015006153/en/