Closedend Funds

Many investors ask themselves, “How I can separate myself from my closed-end funds?” Many investors ask themselves, “How I can separate myself from my closed-end funds?” The idea to sell the stake is obvious. But the disillusionment followed very quickly. It found no buyer or the purchase price offer is too low. As we know from numerous client meetings, many fund investors remember that the investment adviser had promised something completely different… But in addition to a sale or an ordinary termination, other paths can be open. May the provisions for claims for damages and establish a return settlement claims in substance. An experienced lawyer can determine whether claims for damages are and how high are the chances for a successful implementation.

The courts regularly demand compensation for damages that an investment advisor informed thoroughly, correctly and completely. The courts speak to injured investors, the above their investments were incorrectly advised, too, that them to recover their investment advisor or your bank their invested capital and interest losses. The investment products and any resulting are drawn benefits to return the investment advisor or the Bank. In substance, this corresponds to a reversal. Consulting error from years of everyday work we know that investment advice can be may be corrupted.

III demanded civil Senate of the Federal Court in its decision to the pqr. III ZR 249/09, that entrepreneurial investments with risk of loss that could lead even to a total loss, are adequate to attract an investment advice. If the investment adviser has unveiled an investment as secure attachment, although downside risks exist, that justify complaints. If a speculative corporate funds for the purpose of pensions was mediated, that is incorrect. Because an investor must rely on his age before so-called. The Federal Supreme Court has found in a recent decision, that an entrepreneurial Participation is not suitable as pensions. If in the course of a mediation and consulting a bank consultant it omits, internal commissions, to inform about so-called kick-back payments, then a guidance fault regularly. Because kick-back payments for a customer not readily apparent. If an investment advisor omitted to mention, that there are no regulated secondary market for closed-end funds, would be a sale difficult or possible with considerable losses, this justifies a charge. Our clients approach us if they feel deceived by their investment advisers. But each case is different. To prohibit lump-sum solutions. Sufferers should consult without delay individually, before claims become time-barred. Gladly we answer issues and assess opportunities to assert claims for damages. see You also: author and contact person: lawyer Ralf Renner – lawyer and a trained banker – specialty: Fund investments Tel: 030 / 810 030-22 E-mail: specialty of lawyer Ralf Renner are legal issues of closed-end Fund, where he has many years of experience. In these contexts, investors in a lawyer approach, if you want to check what rights and claims exist. Blanket statements prohibit themselves? In any case, an individual assessment is offered.