Bondholders seek nearly €6m in damages from scrap recycler Scholz

First civil lawsuit filed in district court in Germany

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(D) – Nearly 140 Scholz bondholders have joined a class action lawsuit to seeking €5.7m in compensation from the steel scrap recycler. The suit was filed at the district court in Ellwangen late in 2017, according to the law firm Schirp & Partner, which represents the claimants. This first civil suit will be ...

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