Luxembourg Court Dismisses Kingstown Lawsuit Against CPI FIM

• Luxembourg District Court dismissed all Kingstown claims against CPI FIM and certain current and former directors on October 16, 2026.
• The lawsuit, filed in January 2015, sought approximately EUR 238 million in damages, up from EUR 19.5 million originally.
• Judges found no established personal loss or direct link to alleged wrongdoing; Kingstown lacked standing to challenge past corporate decisions.
• Kingstown must pay proceeding costs and procedural indemnities of EUR 10,000 each to the company and four individual defendants.
• The judgment is subject to appeal.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CPI FIM SA published the original content used to generate this news brief on October 20, 2026, and is solely responsible for the information contained therein.