|Company name||Wirecard, Inc.|
|Stock symbol||WCAGY, WRCDF|
NEW YORK, June 19, 2020 – Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Wirecard AG (OTHER OTC: WCAGY, WRCDF) on behalf of Wirecard stockholders. Our investigation concerns whether Wirecard has violated the federal securities laws and/or engaged in other unlawful business practices.
On June 18, 2020, MarketWatch reported that Wirecard’s auditor, Ernst & Young, said it did not have sufficient evidence for €1.9 billion euros in cash. Wirecard said “There are indications that spurious balance confirmations had been provided from the side of the trustee.”
Following this news, Wirecard stock dropped over 63% on June 18, 2020, to close at $20.20 per share.
If you purchased or otherwise acquired Wirecard shares and suffered a loss, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at firstname.lastname@example.org, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.