Shares of Wirecard – a German payment processor company – recently crashed after nearly $2 billion in cash on its balance sheet allegedly does not exist. Wirecard’s CEO also was recently arrested. And now it has come to light that Credit Suisse allegedly sold about $1 billion in convertible bonds from Wirecard after entering into […]
The Business Trial Group is proud to announce that six of our attorneys have been chosen by Super Lawyers magazine for its 2020 Florida Super Lawyers and Rising Stars lists. Each year, Super Lawyers selects attorneys using a patented multiphase selection process. This process includes a statewide survey of lawyers, an independent research evaluation of […]
Shares of Wirecard – a German payment processor company that trades under the stock symbol WDI – recently plummeted by over 60 percent after Wirecard’s auditor alleged that it can’t find any evidence for a quarter of the company’s cash on its balance sheet. Specifically, Ernst & Young stated that it didn’t have sufficient evidence […]
Annuities are often marketed to older investors as a way to manage their income in retirement. But lurking behind promises of long-term financial security can be risks that far outweigh potential benefits. When annuity sellers withhold information from investors, it may be impossible to accurately gauge the investment’s risk/reward ratio, leaving the buyer holding a […]
