IT-2021-01 · Italy · 2021

Venice court rules on the collapse of Banca Popolare di Vicenza and its shareholder losses

Following the bank's 2017 liquidation, the Court of Venice delivered judgment against former officers in proceedings brought over the pricing of the bank's shares and the information given to shareholders. Appeals were available.

Italian bank building at night, illustrating the Vicenza proceedings
Illustrative image · Banca Popolare di Vicenza S.p.A. (liquidated)
Institution
Banca Popolare di Vicenza S.p.A. (liquidated)
Authority
Court of Venice
Status
First-instance judgment
Theme
Share valuation · market disclosure
Raised by
Criminal prosecution and shareholder complaints
Jurisdiction
Italy
Matter arose
25 June 2017
Last recorded
17 March 2021

What the sources record

The bank was placed in compulsory administrative liquidation in June 2017 alongside Veneto Banca.

The Venice judgment of 17 March 2021 followed a lengthy trial involving thousands of civil claimants.

Defendants retained rights of appeal; the presumption of innocence applies pending final judgment.

Timeline

  1. 2017-06-25

    Bank placed in compulsory administrative liquidation.

  2. 2021-03-17

    First-instance judgment of the Court of Venice.

Primary sources

Questions and answers on this entry

What does register entry IT-2021-01 record?
Venice court rules on the collapse of Banca Popolare di Vicenza and its shareholder losses. Following the bank's 2017 liquidation, the Court of Venice delivered judgment against former officers in proceedings brought over the pricing of the bank's shares and the information given to shareholders. Appeals were available.
Which authority is recorded against Banca Popolare di Vicenza S.p.A. (liquidated)?
The entry is recorded against Court of Venice, in the Italy jurisdiction, under the theme Share valuation · market disclosure.
What is the current status of this entry?
Status: First-instance judgment. Last recorded change: 17 March 2021. The matter arose or was first recorded on 25 June 2017.
How was this matter brought to light?
Criminal prosecution and shareholder complaints. Each statement in the entry reflects material already published by a named source; nothing beyond those sources is asserted or inferred.
Where can the primary sources for IT-2021-01 be checked?
The entry links to Reuters — Venice court verdict, 17 March 2021.

This entry summarises published material for research and compliance-screening purposes; read the disclaimer. Any party named in a source may request a correction or exercise a right of reply through the contact page.

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