Claim against Airbus SE (Ticker: AIR)

FAQs

Claim against Airbus

What is the case about?
Airbus facilitated and maintained large-scale bribery and corruption scheme in its aviation business. Airbus did not adequately inform the investing public about its wrongful conduct. AIRS has taken legal action in the Netherlands to recover the losses affected investors have suffered due to the unlawful actions of Airbus.
What steps has AIRS already taken against Airbus?
In August 2021 AIRS sent a letter to Airbus, holding Airbus liable for the damages incurred by the affected investors and inviting Airbus to enter into settlement negotiations. Airbus has denied all charges and rejected this invitation on 1 December 2021. On 1 April 2022 a writ of summons was served on Airbus.  
For the latest developments in the legal proceedings, see Progress of the claim.
Who can participate in the action?
If you bought and held ordinary shares in Airbus through the Paris, Frankfurt or Spanish stock exchanges during the period 1 January 2008 to 31 July 2020, you may have suffered a loss as a result of Airbus’s disclosure failures and are potentially eligible to join the claim. 
What compensation am I entitled to?
At this point in time, the amount of damages that you may be entitled to is uncertain. In general, the compensation will also depend on the timing and volume of your trades. It is possible that the relevant period during which shares were purchased and held may change going forward as more information becomes available.
How long will it take to get compensation?
Litigation of this type is a lengthy process and it may take several years to obtain a final decision in the legal proceedings against Airbus or negotiate a settlement.
Who is claiming damages from Airbus on behalf of investors?
Airbus Investors Recovery Stichting, also referred to as AIRS or the Foundation. Airbus Investors Recovery Stichting is an independent Dutch foundation that has initiated legal proceedings against Airbus before the District Court The Hague. It is still possible to join the action by registering here.
Join the action against Airbus
How can I participate in the action?
You can register your interest and support for AIRS’s action via this link.

Once you have successfully registered, we will keep you informed of developments in the case.
What does it cost to participate?
Signing up costs you nothing. A “no cure, no pay” agreement applies to the legal action. Only if the case is successful will a share of the compensation be due to the funder. See ‘How does Woodsford get paid for the funding”.
How does Woodsford get paid for the funding?
AIRS’s legal action is being financed by Woodsford, which has agreed to provide the funds for the legal proceedings against Airbus. If the claim is successful, Woodsford will be entitled to a success fee ranging from 25% down to 5% of amounts awarded. If the litigation is not successful, investors have no liability for the legal fees incurred.
About Airbus Investors Recovery Stichting
What is Airbus Investors Recovery Stichting?
Airbus Investors Recovery Stichting is a Netherlands-based non-profit class action foundation. AIRS has initiated legal action to safeguard the interests of retail and institutional investors in Airbus who have been harmed by its unlawful actions. 
What is the purpose of Airbus Investors Recovery Stichting?
Airbus Investors Recovery Stichting represents the interests of affected institutional and retail investors in Airbus to recover the losses suffered due to the unlawful actions of Airbus. 
 
The purpose of the foundation is described in more detail in our Articles of Association.
How are AIRS’s board members paid?
The members of the Management Board and the Supervisory Board are paid on an hourly basis (EUR 240) for their services to AIRS. AIRS will publish annually the amount of fees and expenses that have been incurred by the members of the Management Board and the Supervisory Board. AIRS’s board members do not have a personal financial interest in the outcome of the action. 
How do I get in touch with you?
You can send an email to investors@airbusinvestorsrecoverystichting.com. We will respond as soon as possible.
Airbus Investors Recovery Stichting and your privacy
What will you do with my personal data?
Our privacy statement can be found here. We collect information about you in the following cases:
  • When you visit our website, we place functional and analytics cookies on the device you are using. You may find additional information in our cookie statement.
  • If you e-mail us, we will view and store the personal data contained in your e-mail. 
  • We process the personal data required to prepare and conduct the action against Airbus, and to pay out any compensation. When you become a participant in our action, we process the personal data necessary for representing you.
  • We may process personal data of our suppliers and their employees. 
Questions related to our privacy statement can be sent to privacy@airbusinvestorsrecoverystichting.com. We will respond as soon as possible.