Prospekthaftung von Wirtschaftsprüfern gegenüber Kapitalanlegern im Anwendungsbereich des WpPG, VermAnlG und KAGB

Due to their expertise, independence, and financial strength, auditors often face scrutiny from litigating investors. The study provides a systematic analysis of their various prospectus-related activities under the German Securities Prospectus Act (WpPG), the German Capital Investment Act (VermAnlG), and the German Investment Code (KAGB), addressing potential liability risks in light of court precedents. It examines both auditing and advisory services as well as fiduciary relationships with investors, offering a coherent assessment under applicable law.