News Article
Conergy settles issues with former executives
Conergy AG has concluded dealings with former board members Hans-Martin Ruter, Albert Edelmann, Nikolaus Krane, Christian Lange, Heiko piossek and Dr. Edmund Stassen and the D & O insurer AIG Europe Limited, Directorate of Germany and have reached agreement on a settlement payment of EUR 6.315 million.
The Settlement Agreement is subject to approval by the next Shareholders' Meeting.
Furthermore, Conergy AG feels this agreement puts an end to the issues relating to investors.