What Happened To Eros Media World?

What Happened To Eros Media World?

I think that it will be relevant for many people to read about that scandal with Eros in 2019 (because, I invested in it back then at its peak).

In short, Eros and its heads in their financial statements added some third-party transactions and thereby forged their accounts receivables. When in fact, Eros was not doing so well.

I remember how after that everyone was outraged and filed a lawsuit against them, which, by the way, was going on all this time.

But now they have ended it and are paying the settlement, so if you traded stocks during that period, you can [file for payment here](https://11thestate.com/cases/eros-investor-settlement).

In general, I guess that back then it was a beginning of the end for them.

View on r/IndianStreetBets by JuniorCharge4571

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