Category Archives: Kapitalsnlagenrecht

Pospektfehler of Deutsche Telekom at the third offering is clear

Der u.a. for the statutory prospectus liability law competent XI. Civil Division of the Federal Court from the decision to 21. October 2014 of the appeals of investors, the representative of some 17.000 Applicant had lodged an appeal, and the appeal of Deutsche Telekom AG against the model case ruling from the Oberlandesgericht Frankfurt am Main from 16. More 2012 decided.

Subject of - in relation to the mass actions brought by shareholders of Deutsche Telekom AG - newly created investor-pattern method can only be generalized preliminary questions to the individual shareholder lawsuits be. The focus here is on the method (Un-)Accuracy of the occasion of the so-called “third IPO” Deutsche Telekom AG issued prospectus. In the year 2000 offered the German Telekom AG on the basis of this Prospectus 230 Million already admitted to trading shares from the holdings of the Kreditanstalt für Wiederaufbau (KfW) public sale to. After the price of the shares was strong like, it came from the year 2001 to numerous lawsuits against the German Telekom AG, KfW, the Federal Republic of Germany and part of the Underwriters. Continue reading Pospektfehler of Deutsche Telekom at the third offering is clear

More business law topics:

Lehmann Brothers – Investors receive warranty certificates due Enlightenment breach damages

The u. a. for the banking competent XI. Civil Division of the Federal Court has dealt in two other procedures so, whether an advisory bank in connection with the recommendation of certificates of the Dutch subsidiary Lehman Brothers Treasury Co. B.V. (Issuer) der US-amerikanischen Lehman Brothers Holdings Inc. (The warranty) is obliged to pay damages. The focus of the decisions on the question, whether an advisory bank in the distribution of “Garantiezertifikaten” must inform unasked about special termination rights of the Issuer. The Federal Court has acknowledged such duty to inform.

In the process XI ZR 480/13 acquired by the plaintiff in November 2007 on the recommendation of an employee of the defendant bank 40 Piece of “Lehman Brothers warranty certificate on five bank title” nominal value of 39.328 €. In May 2008 he acquired on the recommendation of the same employee more 100 Piece Lehman certificates “LB 6 Year CatchUp note on six DAX stocks” nominal value of 100.000 €.

In the process XI ZR 169/13 acquired by the plaintiff in May 2008 on the recommendation of an employee of the same defendant bank “Lehman Brothers shares coupon bonds on six DAX values”, d. h. so-called Basket Certificates, the market value of 33.099 €. In the related product flyer it says u.a. “100% Capital at maturity”. Continue reading Lehmann Brothers – Investors receive warranty certificates due Enlightenment breach damages

More business law topics:

500er-scheine

Banking (and Stock Exchange)

From the preparation of the Bank- advice and financing transactions, and we help to prevent and resolve problem areas. We are in the field of deposit and credit transactions in Secured Transactions, focusing on guarantees and surety law, Leasing, Factoring nebst all variants tätig. In relation to banks, we examine Terms, Kontokorrentverhältnisse as well as securities, Securities, Emissions- and investment transactions. We have always advised in investment law and also represented here aggrieved investors against investment companies at all levels of the economy worldwide.

More business law topics: