Turbulence among lawyers: Wirecard scandal: Sample plaintiff lawyer settles mandate

In the Wirecard pattern procedure about the compensation claims of tens of thousands of shareholders, things are still turbulent: Mustlager lawyer Peter Mattil has resigned his mandate, as the lawyer announced. The reason is obvious disagreements with a second model plaintiff lawyer. The strategies of the two law firms are “not compatible”, wrote Mattil in his short message.

The sample procedure in front of the Bavarian Supreme Regional Court should basically clarify whether the Wirecard shareholders have claims for damages. The main target of the complaints is the auditing company EY, which tested the balance sheets of the 2020 collapse Dax Group. According to the general assessment, the former Wirecard boss Markus Braun and other former managers of the insolvent payment service provider can no longer get much money.

Model plaintiffs lost half a million euros

The 1st Civil Senate of the Court chose a Hessian banker, who has lost half a million euros with Wirecard papers. At the end of last year, almost 8,700 investors had been sued for compensation, and another 19,000 claims noticed claims without complaining themselves.

Court has already subdued hopes

But from the start, the sample procedure was obvious that there were disagreements between lawyers involved. Apart from that, the Bavarian Supreme Regional Court in February subdued the hopes of the shareholders: In a first part decision, it was said that no claims for damages could be made against EY in the investor pattern procedure. However, the Senate expressly pointed out that the shareholders could claim their claims in separate legal proceedings.

The sample process runs parallel to the Wirecard criminal trial, in which the brown, who has been in custody for almost five years, and two co-accused have been responsible for gang frauds and other allegations since December 2022.