Leonardo Venture GmbH & Co. KGaA
euro adhoc: Leonardo Venture GmbH & Co. KGaA
Justice/Processes
Leonardo
Venture GmbH & Co. KGaA forwards draft of claim for damages to the former
general partner and its managing directors
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
06.03.2009
On Thursday March 5, 2009 Leonardo Venture GmbH & Co. KGaA sent a draft of a claim for damages to its former general partner - Leonardo Venture Capital GmbH - and its former managing directors - Prof. Dr. Köglmayr and Prof. Wupper-feld - as well as to the current managing director Mr. Koop.
The claim for damages is the consequence of various breaches of duty and mismanagement by the management of the general partner, which the Supervisory Board of the limited part-nership uncovered in the course of the past 2008 business year.
The draft of the claim for damages includes a time limit of ten days during which the general partner and its management has been given a final opportunity to reach an out-of-court set-tlement on the damages suffered by the limited partnership. The letter includes an an-nouncement that the lawsuit will be submitted after the expiry of the above period of ten days. The claim is based on the joint and several liability of Leonardo Venture Capital GmbH and its managing directors; it comprises damages provisionally set at approximately 5 million euros.
end of announcement euro adhoc
Further inquiry note:
Sandra Schwarz
Telefon: +49 (0)621 438 430 27
E-Mail: schwarz@leonardoventure.de
Branche: Financial & Business Services
ISIN: DE0005878763
WKN: 587876
Börsen: Börse Frankfurt / regulated dealing/prime standard