Get the app today! Download iPhone App Download Android App

Steinhoff's Dutch Shareholders File Lawsuit Against Deloitte

Published on Jun 13 2018 10:00 AM in Retail tagged: Featured Post / Deloitte / Steinhoff International / Paywall

Steinhoff's Dutch Shareholders File Lawsuit Against Deloitte

On Wednesday, Dutch shareholders filed a lawsuit against Deloitte, seeking damages for alleged failures in the accounting firm's vetting of the books of retailer Steinhoff International NV, said the Netherlands' association of retail investors.

Steinhoff, which expanded from a small local furniture retailer in South Africa into an international group, reported holes in its accounts six months ago, sending its shares tumbling and leaving it scrambling to pay its debts.

The association said that it had filed a suit against Deloitte at the District Court of Rotterdam.

please subscribe or sign in to continue reading

image description

Try European Supermarket Magazine PREMIUM – 30 Day FREE Trial.

A trial subscription gives unrestricted access to all premium site content, app content, weekly email content and European Supermarket Magazine digital edition for a full 30 days. Try it now!

Share on Facebook Share on Twitter Share on Google+ Share on LinkedIn Share on Tumblr Share via Email