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Elumeo Unit Signs Funding Deal to Pursue Damages Claim Against Vodafone

MT Newswires·08/03/2026 11:10:36
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11:10 AM EDT, 08/03/2026 (MT Newswires) -- Elumeo (ELB.F) subsidiary Juwelo Deutschland signed a litigation funding agreement to support its planned claim against two companies under Vodafone Group (VOD.L), according to a Monday release. The online gemstone jewelry distributor's unit and three other plaintiffs are seeking damages worth a low three-digit million figure, alleging that the telecommunications group charged "excessive feed-in fees" over the past 14 years for the distribution of Juwelo's program on Vodafone's networks.