By Mauro Orru 
 

Wirecard AG has denied reports that a legal proceeding against the Financial Times has been suspended, the German payment company said Monday.

Wirecard filed a claim against the Financial Times and one of its reporters following a series of reports in the British newspaper that alleged accounting impropriety at the company.

The Financial Times said in a statement on Sunday that a court hearing set for Jan. 27 was postponed at Wirecard's request.

"Wirecard makes clear that this is an ongoing proceeding," the German payment company said.

 

Write to Mauro Orru at mauro.orru@wsj.com; @MauroOrru94

 

(END) Dow Jones Newswires

February 17, 2020 05:04 ET (10:04 GMT)

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