DRRT's Global Loss Recovery Blog

Faris Ashouri

Recent Posts

DRRT Continues to Expand Its Global Reach With Action Against Abengoa

Posted by Faris Ashouri on Nov 8, 2021 9:00:00 AM

DRRT continues its forward momentum by adding Spain to the extensive list of countries in which it operates via involvement in the ongoing criminal proceedings against Abengoa seeking recovery for losses arising out of the company’s accounting fraud and manipulation.

As a result of Abengoa’s blatant accounting manipulation, in January 2017 the Spanish firm IUS + AEQUITAS, a member of the Diaz, Reus & Targ (DRT) International Law Firm & Alliance, filed a criminal complaint on behalf of hundreds of affected investors seeking losses against Abengoa and others including its former president, CEO,and auditor Deloitte. DRRT is working directly with IUS + AEQUITAS to add affected investors to the criminal proceeding during the current investigation phase on a risk-free, “no win, no fee” basis.

Read More

Topics: Global Loss Recovery, complaint, corporategovernance, corporate governance, institutional investor, lawsuit, legal