At García Enciso Lawyers, we are proud to be able to say that up to now, we have won 100% of our claims on behalf of our clients against Bankia, for their IPO and shares sale in 2011.
It is very gratifying to see that the Spanish courts understand that in the IPO of Bankia, the information provided by this entity to potential investors, presenting themselves as a solvent bank with significant profits and good future expectations, did not correspond with the reality of BFA-Bankia. This inaccurate information led clients to buy shares of Bankia by mistake, had they known the reality of Bankia’s situation, they would never have invested.
Here at García Enciso lawyers, in line with our commitment to defending the rights of consumers, and especially the rights and interests of the expatriate community in Spain, we want to help those affected to claim against Bankia, with the lowest possible risk and cost, and the greatest guarantee of success.
We want to help:
. – Small investors (less than 2000 €)¸ to claim without charge against Bankia. By law in claims for less than 2,000 €, it is not mandatory to use a Lawyer or procurator, therefore, we would claim in your name, and only charge our fees if you win . If you lose, you would still not have any costs, since you would not have to pay our fees. It is a claim without risk therefore.
.-Remaining investors (from 2001 € to 250,000 €), we would only charge fees if you win the procedure, and these fees would be recovered from Bankia. Therefore, if you win, you will recover the money invested, plus interest, and Bankia must pay your lawyers and solicitors. If you lose (which is possible, but it has not happened to us), you will not have to pay us, but you may be asked to pay the costs of the lawyers of Bankia.
Therefore, all investors in shares of Bankia, should know:
.-That there is still time to claim.
.-That according to official statistics the vast majority of claims have been ruled in favor of consumers.
.-That if you invested € 2,000 or less, you can claim without any risk, even if you lose, it will not cost you anything.
.-We have won 100% of our claims against Bankia.
Therefore, if you invested in shares of Bankia, which now have virtually no value, we can help you get your money back plus interest, so contact us
Legally the basis of these legal claims can be found in the article 1261 of the Spanish Civil Code, which says that to have a contract, they must concur in the 3 requirements: there must be consent of the Contracting Parties, must be an object that is subject of the contract, and must be a cause of the obligation. Lack or defect in any of these requirements, according to the article 1300 Cc could cause the cancellation of the contract.
On the deadline to claim they have the affected, article 1301 of the cc. says that nullification will last 4 years, and in cases of error, fraud or falsehood of the cause, this period shall begin from the consummation of the contract.
The Spanish Supreme Court, has qualified for this type of legal action since when should be understood that they begin counting the 4 years, in various statements like the number 769 of 2014, and others of 2015 as the number 376 and 489, making it clear that within the 4 years does not start from the hiring of the product (upgrading) , but since the consummation, or in his case, from the moment in which the affected person has knowledge of the existence of the error or deception, i.e. since it happens a deed by which the plaintiff can meet depending on the product concerned, the existence of a circumstances to make the contract voidable.
In the case of actions of Bankia, we understand that the term of 4 years, must start running very soon, since may, 2012 when the annual accounts of the Bank be reformulated and investors got to know the real situation of Bankia, which would give us a deadline of at least until may 2016 to claim.
In cases of sales of banking products toxic, within 4 years, must start from the customer realizes, for example, that the product that was sold to you is not an ordinary deposit but a product of risk, or that you cannot retrieve the investment made, etc.
If you have any questions on the subject, do not hesitate to contact us