Wirecard: Wirecard's Insolvency Manager Files Lawsuit Against EY in Germany

Wirecard's insolvency manager, Michael Jaffé, filed a lawsuit in a court in Stuttgart against accountancy firm EY. The lawsuit claims 1.5 billion euros (about $1.66 billion) in damages over EY's role in auditing Wirecard's books before the German payments company collapsed in 2020, Reuters reported Friday (Dec. 29). This lawsuit is one of several that [...] The post Wirecard's Insolvency Manager Files Lawsuit Against EY in Germany first appeared on PYMNTS.com.