Finance
Germany’s BaFin Probes Adler Group’s Financial Reports
Published by maria gbaf
Posted on February 11, 2022
1 min readLast updated: February 9, 2026
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Published by maria gbaf
Posted on February 11, 2022
1 min readLast updated: February 9, 2026
Add as preferred source on GoogleBERLIN (Reuters) -German financial watchdog BaFin is examining the financial reports of Adler Group, one of Germany’s biggest landlords, a spokesperson for BaFin said on Thursday.
BERLIN (Reuters) -German financial watchdog BaFin is examining the financial reports of Adler Group, one of Germany’s biggest landlords, a spokesperson for BaFin said on Thursday.
The spokesperson, confirming a report that first appeared in Handelsblatt, declined to elaborate further.
The accounting investigation follows allegations made against Adler by short seller Fraser Perring’s Viceroy Research.
Viceroy Research, in a report published on Oct. 6, 2021, said Adler Group’s “balance sheet has been artificially inflated to a significant degree, its shares are not investible”, causing the group’s shares to tumble. Adler rejected the allegations https://www.reuters.com/article/adler-report-idUSKBN2GW1X0.
Frankfurt prosecutors are in contact with BaFin about Adler’s finances, a spokesperson confirmed.
A spokesperson for Adler declined to comment on ongoing investigations.
(Reporting by Maria Sheahan, Tom Sims and Matthias Inverardi; Editing by Paul Carrel and Edmund Blair)
Financial reporting is the process of producing statements that disclose an organization's financial status to management, investors, and regulators. These reports include balance sheets, income statements, and cash flow statements.
Corporate governance refers to the systems, principles, and processes by which a company is directed and controlled. It encompasses the relationships among the stakeholders and the goals for which the corporation is governed.
Investment portfolios are collections of financial assets such as stocks, bonds, and cash equivalents. They are designed to achieve specific investment goals while managing risk and return.
A financial community consists of individuals and organizations involved in the management, investment, and regulation of financial resources. This includes banks, investors, regulators, and financial service providers.
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