FRANKFURT, Sept 17 (Reuters) – German leasing agency Grenke is contemplating taking authorized motion in opposition to shortseller Fraser Perring’s Viceroy Analysis, it stated on Thursday, following days of turmoil during which the corporate’s share price halved.
Grenke stated it had convened a job pressure to cope with an in depth rebuttal of accusations made in opposition to the corporate by Viceroy Analysis.
The report by Viceroy Analysis, which raised the alarm and wager large in opposition to collapsed cost firm Wirecard, accuses Grenke of malfeasance together with cash laundering.
(Reporting by Arno Schuetze Enhancing by Michelle Martin)
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