Judgment from Hof: Consultant is liable for false investment advice!

Judgment from Hof: Consultant is liable for false investment advice!

A shocking judgment of the Hof Regional Court On September 20, 2024, the world of financial advice shaken! Subsequent loans that promise temptingly high returns can turn out to be dangerous traps. Financial advisors who keep the total loss of loss must now be liable for their wrong advice. A consultant was convicted of paying a couple 6,600 euros plus interest because he had sold a risky facility as safe!

Derivest GmbH, once a hope for investors, offered subordinated loans for real estate and corporate projects and attracted them with seductive interest. But the evil awakening came: In the event of bankruptcy, these investors are at the back of the row and risk massive losses. Derivest's bankruptcy has driven many investors into ruin. The LG Hof has now clarified that financial advisors have to take their obligation to inform seriously. If you don't do this, you have to expect claims for damages!

Legal support for victims

Did you also invest in risky subordinated loans and feel cheated? Jackwerth lawyers are ready to help injured investors! It is important to become active now, because the faster you act, the greater your chances of compensation. Contact the law firm at:

• Telephone: 0551/29 17 62 20
• Email: Kanzlei@ra-jackwerth.de
• Make an appointment for a video conference
• Use the contact form for a quick answer