Regulatory case
CNMV sanction proceeding against Grifols, S.A. and current and former directors
- Authority
- Comisión Nacional del Mercado de Valores
- Case number
- Not published
- Filed or opened
- Not published
- Organization
- Grifols, S.A.
- Current stage
- Sanction resolved on 24 July 2025. Reported as under appeal.
- Outcome
- Not final. Grifols was reported to be appealingS7.
Decisions and steps
- Fines of about EUR 1.4 million in total for a very serious and a serious infringement, per ARAS7
Claims this case bears on
- Partly supported80A January 2024 Gotham City Research report, as reported by Bloomberg and Investing.com, said Grifols artificially reduced its reported debt ratio, in part by consolidating BPC Plasma and Haema, units it had sold in 2018.Press report, 9 January 20246 records citedAccounting
- Partly supported86Grifols said on 21 March 2024 that the CNMV confirmed its financial statements and indebtedness.Company statement, 21 March 20246 records citedDisclosure
Sources
- S7Tier C €1.4 million fine for Grifols and its executives following Gotham accusationsARA. Press report. 6 August 2025.Reports a CNMV sanction resolution of 24 July 2025, published in the BOE on 6 August 2025, and that Grifols will appeal. The BOE text itself was not read.Link working, checked 25 October 2026