Duped by structured bonds?
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Structured bonds are very complex and high-risk, negotiable financial assets, with a certain maturity and a return linked to the evolution of a stock or a set or basket of stocks. Also, the most effective way to recover what is lost in these structured products is a lawsuit.
RINTITY BONUS, TRIDENT, GREAT BANK, WELCOME, LEHMAN BROS,, GOLDMAN SACHS, DEPOSIT RANGO, BBVA-MULTICUPÓNTURE, BP-BBVA, ETC… are some of their names.
Banks in Spain sold indiscriminately some bonds that received names such as Fortaleza, Bacon, Trident, Autocancelable, Lemans, Cantabrian, Teleco… Etc… in that the capital you gave in exchange for promises of big profits, in the end it ended up being lost because its return depended on the evolution of different shares.
Who can claim?
All people who invested in these structured bonds as they normally did not explain their complexities and risks well and at maturity almost all the capital initially invested was lost.
Why can they claim?
It is considered illegal to sell complex and risky financial products, such as these bonds, where it is not clear what these risks are and in which specific cases capital may be lost.
What we need to claim
A copy of the contract you signed when you bought these structured bonds and we need to know how much you lost to its maturity. It is also important that you provide us with any brochure or explanatory attachment about these bonds that you may have been given when you purchased them.
If the bank poses any problem asking you for this information, we will tell you how to get it.