EnergyWatch

Media: Investors accuse Vestas of prolonging case

The legal conflict between a group of institutional investors and former Vestas management has now stretched into its fourth year, with the group blaming Vestas for intentionally prolonging the case.

Photo: Frank Boutrup Schmidt/Vestas

In 2013 a case was launched against Vestas' former management for misleading financial statements, but it remains under preparation. The group behind the case, made up of 60 institutional Vestas investors, has accused Vestas of delaying the case according to Danish daily Børsen.

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