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German payments company Wirecard ( OTCPK:WCAGY ) has filed for insolvency proceedings , a week after auditors found a €1.9B hole in its balance sheet (the company later said the money probably didn't exist ). More news on: Wirecard AG, Wirecard AG, Top stock market news, Financial...
NEW YORK , June 24, 2020 /PRNewswire/ -- Wolf Popper LLP is investigating potential securities fraud claims on behalf of purchasers of Wirecard AG (OTC: WCAGY and WRCDF) American Depositary Receipts and F-shares between August 18, 2015 and June 17, 2020 . Before trading in the U.S ma...
1. The composition of the German DAX30 - not representative for the German economy The German DAX30 is the biggest index for German stocks and one of the most important performance indexes of Europe. DAX30 composition (as of 06/22/20) (Source: Wikipedia ) The German DAX3...
Companies get away with fraud until the economy goes down, and when that tide recedes, you see who has no clothes on, Ed Harrison told Real Vision during today’s Daily Briefing. Harrison made the remark during a conversation about disgraced German financial services provider Wi...
Note: The main focus of this article is discussing the impact of recent events on the company's stakeholders. Investors looking for more color should consider reading fellow contributor Stefan Redlich's coverage of Wirecard. Last Thursday, controversial German digital payments provi...
Wirecard ( OTCPK:WCAGY ), a prominent German fintech, has been in the news since it acknowledged alleged fraud which led to an extreme drop in share price. This alleged fraud included faking everything from revenues, to net profits, to cash flow, to cash levels. Incredibly, WDI stock p...
New York, New York--(Newsfile Corp. - June 22, 2020) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Wirecard AG (OTC Pink: WCAGY) ("Wirecard" or the "Company"). Faruqi & Faruqi logo If you invested in Wirecard stock or o...
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha , iTunes , Stitcher and Spotify . While Facebook and Google have canceled their annual developer conferences, F8 and I/O, Apple (AAPL) feels the show must go on al...
"There is a prevailing likelihood that the bank trust account balances in the amount of €1.9B do not exist," Wirecard ( OTCPK:WCAGY ) said Monday as shares plunged another 40% to €14.65 on Germany's Tradegate exchange. More news on: Wirecard AG, Wirecard AG, Stocks on the...
Moody's Investor Service cuts Wirecard 's ( OTCPK:WCAGY ) ( OTCPK:WRCDF ) €500M senior unsecured rating to B3 from Baa3, below investment-grade level and reflecting the company's accounting irregularities. More news on: Wirecard AG, Wirecard AG, Financial stocks news, Tech stocks n...
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ASCHHEIM/MUNICH, GERMANY / ACCESSWIRE / October 22, 2020 / Wirecard Acquiring & Issuing GmbH, (FRA:WDI)(OTC PINK:WCAGY) (OTC PINK:WRCDF) a fully owned subsidiary of Wirecard AG, has sold Wirecard North America Inc. to Syncapay, Inc., a US holding company focused on high potential payme...
Hagens Berman, who on May 6, 2019 was appointed Lead Counsel in the securities class action brought on behalf of investors in Wirecard American Depository Shares (ADS) and F-shares before Hon. Fernando M. Olguin, DelPoggetto v. Wirecard AG et al ., 2:19-cv-00986-FMO-SK (C.D. Cal.), notifies ...
Wildberries is a large international online retailer Wirecard handles payments for Wildberries European e-commerce sites Cooperation enables retailer to expand its unified commerce business ASCHHEIM, Germany , June 16, 2020 /PRNewswire/ -- Wirecard, the global innovation leader fo...