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Servicios Financieros

OCU encourages affected by preferential shares Caixa Catalunya

02 mar. 2016
The Supreme Court requires Catalunya Caixa to return all the money "trapped" in this toxic product and repairing the huge losses he had caused them

Caixa Catalunya, one of the entities that were subject rescue more than 13,000 million euros, traded preferred shares and subordinated debt massively among its customers for 9 years between 1999 and 2008; specifically, more than 1,500 million euros of its customers ended up in one of these types of toxic products.

OCU informs all affected by preferred that the courts remains open to recover their savings, especially after the recent Supreme Court decision that has proved right about affected by preferred shares. 

OCU recalls that the entity undertook an arbitration procedure for small amounts of less than 10,000 euros. This arbitration was widely criticized at the time, reaching for example the Catalan Consumer Agency to seek explanations from the entity through a requirement, since he did not understand the arguments of the box for rejecting numerous requests for arbitration. 

However, OCU warns that those affected were rejected by the entity to resolve your complaint through this arbitration procedure or not requested at the time, they have opened the way of the judicial claim. In any case, there will always be to assess the individual viability of each claim, according to the profile of the investor who bought these products. 

OCU continues to help those affected by preferred and subordinated debt to recover their money with numerous successes so far. More information: http://www.ocu.org/dinero/invertir-sin-riesgo/noticias/ayuda-afectados-preferentes