Ernst & Young’s Germany Branch Brought Back Into Wirecard Suit

US investors will be able to get a limited set of documents from a German accounting firm affiliated with Ernst & Young Global Ltd. after a federal judge reversed a dismissal in a suit over the collapse of Wirecard AG.

Wirecard invented fictional escrow accounts worth €1.9 billion in “the largest fraud in German postwar history,” the suit says. The finance company’s US investors are trying to hold Ernst & Young GmbH Wirtschaftspruefungsgesellschaft responsible for its auditing role.

Judge Anita B. Brody of the US District Court for the Eastern District of Pennsylvania agreed with the investors Thursday that their ...