TOXIC FINANCIAL PRODUCTS

They sold them to you as safe and profitable; we treat them for what they are in law: claimable.

Since 2008, many institutions sold complex, high-risk products to retail clients without proper information: preferred shares, subordinated debt, swaps, structured notes, or shares in controversial capital increases. The result: severe losses and lack of liquidity.

At PEREZ DOMINGO, we analyze your case, identify defects in consent and breaches of information duties, and pursue nullity (or liability) to recover your investment.

We explain how to proceed, what documents you need, and what the next step is.

Our commitment: We only charge if you recover your money.

WHY CAN I MAKE A CLAIM?

Because the institution had to strictly comply with the Securities Market Law/MiFID:

Assess appropriateness/suitability.

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Provide clear, understandable information about the nature, risks, liquidity, and costs.

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Provide proper pre-contractual documentation (prospectuses, scenarios, questionnaires).

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Si el banco no te explicó los riesgos reales, colocó el producto como “seguro” o omitió test y advertencias, cabe reclamar por error/vicio en el consentimiento (nulidad) o responsabilidad contractual.

WHAT PRODUCTS ARE THEY, AND WHY ARE THEY PROBLEMATIC?

Participaciones preferentes: valores perpetuos, sin voto, sin garantía de capital y sin liquidez en mercados regulados. En insolvencia, los últimos en cobrar.
Obligaciones subordinadas: deuda a largo plazo y alto riesgo (subordinada frente a otros acreedores), con baja liquidez y posible pérdida total.
Acciones (ampliaciones polémicas): renta variable. El problema no es el producto en sí, sino la información engañosa u omisa sobre la situación financiera del emisor en la colocación.

WHAT DO I GAIN IF I MAKE A CLAIM?

01.

Nullity of the subscription contract/order (where applicable).

02.

Return of the invested capital plus interest (net of any returns already received).

03.

For swaps/structured products: reimbursement of negative settlements and/or termination.

04.

Costs payable by the institution if the court so orders.

HOW CAN I MAKE A CLAIM?

STEP 1

Free review of your documentation and timeline.

STEP 2

Out-of-court claim to the Customer Service Department: we request nullity/termination and refund of the principal.

STEP 3

If they don’t uphold the claim or the offer is insufficient, we file a lawsuit (Court of First Instance / the competent court depending on the case).

USEFUL DOCUMENTATION TO GET STARTED

Subscription contracts/orders and trade confirmations.

Prospectuses, KID/KIID documents, leaflets, product sheets, and any marketing materials provided.

Appropriateness/suitability tests (MiFID) and questionnaires.

Statements, settlements, coupons/dividends, and a positions certificate.

Sales communications and letters from the bank (exchanges, offers, etc.).

HOW MUCH DOES THE CLAIM COST YOU?

WHAT ARE MY CHANCES OF SUCCESS?

We analyze:

01.

Your profile (investment experience, education, profession).

02.

The information and warnings actually provided (scenarios, risks, liquidity).

03.

Whether MiFID questionnaires exist and what they contain.

04.

The date of contracting, any exchanges, or maturity—so we can choose the most appropriate legal action:

- Nullity for mistake (limitation period runs from when it became knowable).
- Contractual liability (the applicable limitation period).

If we see a solid basis, we’ll propose the strategy (out of court / in court) along with a realistic estimate.

WHY CHOOSE PEREZ DOMINGO?

Because we specialize in banking and securities law and have handled numerous cases involving preferred shares, subordinated debt, swaps, structured products, and shares. We provide: