The Hamburg-based solar group hasteetered near bankruptcy in recent years and was rescued in late 2010 only tobe persuading its creditors to take a severe haircut on their investments, theRecharge newspaper said, based on German news reports.
The
Conergy fraud inquiry
Prosecutors are investigating eight former managers in German solar-energy group Conergy AG over alleged balance-sheet falsification and insider trading, according to German business daily Handelsblatt.
