Espirito Santo Group
The Espirito Santo Group, founded by the Espirito Santo family, is a Portugese holding company with a large number of companies that operate in various areas of...
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Popular Posts
Madoff feeder funds
Deminor has syndicated and advises a group of around 2,500 investors who invested, either directly or through financial intermediaries, in various funds with Ma...
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Lernout & Hauspie
Deminor advises more than 13,000 private investors who have suffered losses following the disclosure of accounting fraud and the ensuing bankruptcy of Lernout e...
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Fortis (now Ageas)
2017, Belgium
On 12 December 2017, after months of negotiations, Deminor, Ageas SA/NV (‘Ageas’, formerly known as Fortis SA/NV) and other claimant groups entere...
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Olympus
2016, Japan
Clients of Deminor reached an in-court settlement before the Tokyo District Court on 26 December 2016 on the Olympus case, where they will recover 4...
2016, Japan
Clients of Deminor reached an in-court settlement before the Tokyo District Court on 26 December 2016 on the Olympus case, where they will recover 45% of their recoverable losses for which they claimed compensation in the lawsuit. A group of more than 60 institutional investors syndicated by Deminor sought the reimbursement of damages for losses suffered following the revelation in 2011 of a decade-long fraudulent scheme at Olympus. The stock price lost more than half of its value following the announcement of accounting irregularities. Upon payment, this settlement represents the highest recovery thus far achieved by non-Japanese investors, relative to the amount of their claims, in any of the lawsuits settled so far by Olympus.