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Fideres Writes To The European Commission To Flag The Anticompetitive Implications Of IBAN Discrimination
Fideres flags the anticompetitive implications of IBAN discrimination with the European Commission.
Fideres was retained by Evers Soerjatin on a Dutch securities litigation case against Steinhoff International Holdings NV, funded by Burford Capital. The Steinhoff settlement is the second largest securities litigation claim against a European issuer.
In December 2017, Steinhoff’s share price dropped significantly after the company announced an investigation by its consultant PwC into accounting irregularities. The securities claim was a group action on behalf of Steinhoff shareholders who paid inflated prices for their shares.
Fideres provided consulting expert work including estimation of individual claimant damages as well as estimating the level of artificial inflation of the share price over time.
The case settled for EUR 1.4bn in February 2022.
Fideres flags the anticompetitive implications of IBAN discrimination with the European Commission.
The Italian law firm Scoccini & Associati and the Spanish law firm CCS Abogados, supported by the litigation fund ALI – Antritrust Litigation...
Fideres’s Analyst, Marco Ragusa, was awarded second place in the fourth edition of the Luigi Prosperetti Graduation Award.
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