2024, Denmark
OW Bunker was a Danish marine fuel bunker company. On 20 March 2014, the company’s shares were introduced on the Copenhagen NASDAQ OMX exchange. On 7 November 2014, less than 8 months after its IPO, the company filed for insolvency, resulting in steep losses for its shareholders.
In September 2024, after close to 7 years of litigation, the settlement that we concluded on our 20 institutional clients’ behalf in relation to the OW Bunker case became effective after all suspensive conditions were fulfilled.
This settlement is the first collective securities settlement in Denmark with an equitable and appropriate compensation for investors’ losses.