The claim on behalf of 87 individuals is directed against current CEO Ditlev Engel, former chairman Bent Erik Carlsen and ex-chief financial officer Henrik Nørremark, Vestas said in a statement.
The action was filed by a law firm acting on behalf of Deminor International, a Brussels-based specialist in investor recovery actions.
Deminor has been pursuing Vestas since early this year.
It wanted shareholders at Vestas’s March AGM to vote through a