German prosecutors probe Wirecard management board
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BERLIN (Reuters) - Munich prosecutors on Friday said they had searched Wirecard's headquarters and opened proceedings against the payment company's entire management board as part of a market manipulation probe initiated by Germany's financial regulator BaFin.Wirecard faces allegations including accounting irregularities and disclosure violations, which it denies. In a statement on Friday, prosecutors said the company was suspected of having issued misleading information which may have impacted..