The BSZ association investor protection lawyers CLLB lawyers recommend the investment decision of the underlying legal advice to be verified. These days, many investors get the Victory Media Fund angry mail from the Tax Office: provisionally granted loss allocations will be revoked, which brings high tax demands, as not only account for tax benefits but also substantial penalty charges are levied.
lawyer and legal counsel Hendrik Bombosch BSZ Association recommends not only affected investors to obtain a tax advice, but a legal Review, are whether, for example, claims for faulty investment advice.
has decided this, the Higher Regional Court of Cologne in a recent Association of the BSZ investor protection lawyers CLLB Legal erstrittenen ruling that the prospectuses relating to the risks of the Fund are not correct. The Higher Regional Court granted an investor a claim for damages in the amount of € 65,000 against an investment adviser, had recommended in 2000 to participate as an atypical silent partner at Victory Multimedia 16th Not least against the backdrop of the spectacular collapse of the Victory Media AG had the investment in a financial Disaster for the investors developed.
The Higher Regional Court of Cologne could not convince them that the investors properly about the characteristics and risks of the funds had been cleared up and saw the burden of proof for the correct advice because of the inaccuracy of the prospectus is not the investor, but the investment advisor. In the grounds, the Court noted that the risk warnings in the prospectus were incorrect and would have the consultant, the risk information in the prospectus must clarify.
The verdict shows that despite the many years that have elapsed since the drawing of funds, yet quite realistic opportunities for investors exist in the case of a faulty advice successfully enforce claims. Bombosch explained that the odds have to be examined individually.
The investment consultant had to rely, inter alia, that any claims were barred. This was followed by the Cologne Court of Appeals, since the investor was still not cleared properly. In particular one has a limitation does not arise automatically from the fact that it has failed to make the investors to read the prospectus. Bombosch points out, however, be assumed that the end of 2011 of a prescription must. Investors should hurry and therefore possibly later this year, their Lawyer suspensory action by, for example through a lawsuit.
If a client for a legal expenses insurance, so this does in many cases, the cost of any process due to faulty investment advice.
are for injured investors there are good arguments to join the BSZ eV syndicate Victory .
photo, lawyer and legal counsel Hendrik eV BSZ BSZ ® Bombosch
federation for social and civil rights consciousness eV
federation for social and civil rights consciousness eV
Lagerstr. 49
64807 Phone: 06071-9816810
Internet: http://www.fachanwalt-hotline.eu/
This text is the contribution from 02/24/2011 again. Possible future changes of the facts are not considered.
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