In its statement, ESR Group said that Quarz has agreed to remove all of these publications as part of the settlement and its allegations against ESR Group.
ESR Group, on April 8, announced that it has successfully resolved the lawsuit levelled against activist investor Quarz and its executives, Jan Frederic Moermann, Havard Chi and Klaus Wille. Moermann is Quarz’s chief investment officer (CIO), while Chi is its head of research. Wille is its general manager.
ESR took legal action for claims of defamation, malicious falsehoods and conspiracy in connection with various publications spanning from June 7, 2023, to July 26, 2023. These publications were shared on Quarz’s website and other sources within its control in the lead-up to the extraordinary general meeting (EGM) held on Aug 7, 2023, for the internalisation requisition.
