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Grifols Refutes Fraud Allegations Amid CNMV Investigation

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Grifols Refutes Fraud Allegations Amid CNMV Investigation

Grifols ( (ES:GRF) ) just unveiled an update.

Grifols has addressed a media report alleging ‘continuous fraud’ within its leadership, clarifying that the claims are unfounded. The company is currently undergoing an administrative sanctioning procedure initiated by the CNMV for potential inaccuracies in financial reports from 2021 to 2023. However, the CNMV has stated that these issues did not significantly affect Grifols’ accounting figures, and there is no evidence of fraud or economic benefit from the alleged irregularities.

More about Grifols

YTD Price Performance: 15.51%

Average Trading Volume: 154,061

Technical Sentiment Consensus Rating: Hold

Current Market Cap: €6.38B

For a thorough assessment of GRF stock, go to TipRanks’ Stock Analysis page.

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