The two groups are unraveling following the ongoing search of Orpea’s headquarters and the filing of complaints from families of Korian residents.
The shares of retirement home managers unscrewed Wednesday on the Paris Stock Exchange after an ongoing search at the headquarters of Orpea and the filing of complaints from families of residents of the Korian group. Around 4 p.m., the Korian share fell 9.88% to 16.87 euros and the Orpea share fell 2.3% to 24.67 euros in a market down slightly by 0.67%. Since the beginning of the year, the Orpea share has lost more than 72% and that of Korian more than 38%.
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Thirty complaints against nursing homes in the Korian group, in particular for “manslaughter“, were filed before a dozen prosecutors in several regions, lawyer Sarah Saldmann told AFP on Tuesday, confirming information from the Parisian. They were filed in Aix-en-Provence, Bobigny, Bourges, Le Mans, Marseille, Nantes, Niort, Paris, Pau and Versailles.
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Suspicions of institutional abuse and financial crimes at Orpea
In a reaction by means of a press release, the group says it ignores “all of the content of these complaints and therefore cannot comment» and recalls that «all serious situations brought to (his) knowledge are dealt with and systematically declared to the authorities“.
Me Saldmann was already at the origin of nearly 80 complaints filed in April in Nanterre against the Orpea group for similar facts, in the wake of the scandal triggered by the investigation book “The Gravediggersby journalist Victor Castanet.
On the Orpea side, the group’s headquarters and regional offices were searched on Wednesday as part of an investigation into suspicions of institutional abuse and financial violations in its establishments for dependent elderly people.
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