DRRT's Global Loss Recovery Blog

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.

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

Joseph Gulino speaks at the Sovereign Wealth Fund Institute’s 2020 Institute Fund Summit in Austin, TX

Posted by Andres Cuyun on Feb 20, 2020 2:35:23 PM

DRRT’s Assistant Managing Partner, Joseph Gulino had the pleasure of speaking at the Sovereign Wealth Fund Institute’s 2020 Institute Fund Summit in Austin, TX. The panel, “Corporate Governance and Shareholder Engagement” discussed some of the corporate governance measures that institutional investors have at their disposal as well as the importance of litigation as a means of shareholder engagement. 

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Topics: Class Action, shareholders, swfi, stewardship, corporategovernance, ESG, compliance, litigation funding