The
plaintiffs,
represented
by
lawyers
Stoll
Stoll
Berne
Lokting
&
Shlachter,
allege
that
Vestas
presented
misleading
information
about
its
sales
outlook,
which
later
led
to
big
drops
in
the
company’s
share
price
when
new
information
was
disclosed.
The
lawsuit
claims
Vestas
is
responsible
for
shareholder
losses
because
it
did
not
adopt
accounting
practices
known
as
IFRIC
(International
Financial
Reporting
Interpretations)
15
until
22
November
2010,
—
when
it
said
it
would
do
so
retrospectively
for
the
whole
2010
financial
year
—
despite
the
European
Commission
recommending
that
all
companies
do…
