Wednesday, February 23, 2011

How To Make A Margarita Bucket

also Oberlandesgericht Frankfurt am Main convicted Nassau Sparkasse

With Judgement of 02.16.2011 has also introduced the Higher Regional Court of Frankfurt am Main Nassau Savings Bank to pay damages or for rescission of a December 2006 made the securities business - Certificate Naspa creativ invest 6 (Issuer: Merrill Lynch SA) - sentenced.

After the district court of Frankfurt am Main, the first action of the bank customers had rejected, is 17 Civil Division of the Court of Appeal arguments of the plaintiff lawyer BSZ eV followed trusted lawyer Klaus Hünlein and has confirmed that the Nassau Savings Bank did not have the customers aware of the so-called kickbacks (hidden commissions paid to the bank) and is therefore bound by virtue of that to recover the securities purchase is.

also held the Senate, that the Flyers, who had been on the branches spread nationwide to customers, flawed since it was like this as a well as retroactive interest rate of 8% for each year of the term was assured. "Obviously, the savings written off in the wrong place in the offering document, and I quote the chairman of the hearing, held 02/16/2011.

As a result, the Nassau Savings Bank was sentenced to, their customers both in the amount of the purchase price paid to € 50,000 plus interest as well as the initial fee back, as this also its pre-trial Legal fees reimbursed.

This has confirmed the Higher Regional Court of Frankfurt am Main at the same time the previous line of the District Court of Wiesbaden, which had several there already decided by process, the Nassau Savings Bank also sentenced each to take back the creative invest 6-certificate and refund the purchase price plus interest.

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For more information to affected investors in the syndicate BSZ eV Connect "investment advice incomplete / incorrect" .

photo, lawyer and legal counsel BSZ eV Klaus Hünlein

BSZ ® Federation for social and civil rights consciousness eV
Lagerstr. 49
64807 Phone: 06071-9816810

This text is the contribution from 23/02/2011 again. Possible future changes of the facts are not considered.

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