Again this week, Bankia is making the news, with mounting legal claims against Bankia for their sale of shares in its IPO which took place on July 2011. On 27th of January 2016, the website of the General Judiciary Council of Spain, stated that “The Supreme Court has rejected two appeals of Bankia against the […]
Claims against banks for the sale of preference shares and complex financial products.
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As we have mentioned on previous occasions, here at White Baos Lawyers we have been able to help many people who have been affected by the Bankia shares scandal to get their money back. Therefore, if you bought shares of Bankia in July 2011, and have seen them swapped from every 100 old shares into […]
As in the case of the sale of preferred shares, and other products sold by banks to their customers, today we would like to speak about another toxic product, marketed by a Spanish bank: Mandatory Subordinate Bonds Convertible into Banco Popular Shares (BO POPULAR CAPITAL). These bonds issued by Banco Popular, are an extremely complex […]