Legal dispute around Uniimmo: Investors call for repayments after false advice
Legal dispute around Uniimmo: Investors call for repayments after false advice
A shadow is above the open real estate fund Uniimmo: Living ZBI from Union Investment! The devaluation of the fund has unleash a storm of legal consequences, and the Goldenstein lawyers' investor and consumer chancellery is now striking back. This week, a lawsuit was submitted for false advice against Volksbank Böblingen, which desperately turned into a risk of aversive investor, even as the market was stuck! Over 400 investors feel cheated - each of them has invested around 25,000 euros on average!
Lawyer Claus Goldenstein, an absolute heavyweight in mass procedures, warns of a threatening wave of action. "We expect the submission of thousands of damages in the coming months!" Said the founder of his law firm, which already supported over 65,000 clients in the diesel scandal. But what is this shocking story about?
The lawsuit in detail
The focus is on a brave woman from Baden-Württemberg, who invested 5,000 euros in the disputed fund in February 2023. During a consultation, she clearly emphasized that she does not want to take any risk. Nevertheless, she was recommended to the Uniimmo: Living Zbi-Fonds-a clear violation of the consultants' duties! A advisory protocol was not even presented to her, another disappointment.Now the applicant requires a reversal of her contract! "We would never have left her in the fund if she had been informed about the real risk," explains Goldenstein. It not only demands the repayment of her investment, but also the reimbursement of the administrative fees and compensation for lost interest that she could have earned with a suitable financial product.
The dangers for investors
Goldenstein even goes so far: "It is unimaginable that an open real estate fund is marketed like a German government bond!" The real estate market is known for its volatility. The market has come to a standstill since the end of 2021 and the purchase prices fall! Despite this dramatic development, the value of the real estate in the fund was artistically overrated for months.
The bitter reality was shown in June this year when Union Investment was forced to set a special assessment. "We are now facing a massive loss of almost one billion euros for investors!", Goldenstein announces dramatically. It became incomprehensible that a value sale should only be done minimally below the last price - an illusion!
The Goldenstein lawyers fear that there are other real estate funds in a similar location and also have to take a breath. Investors who have invested recently face possible claims because they have not been properly informed about the real risks.
Further information on the topic is available at the following link: https://www.ra-goldenstein.de/neuigen/UniMoimmo-wohnen-zbiklagen/
About Goldenstein Rechtsanwälte
The law firm is a pioneer in the enforcement of civil law claims and has successfully represented over 65,000 clients in the diesel scandal. It offers support for consumers who want to check their legal claims. With over 100 employees at several locations in Europe, the firm has its headquarters in Berlin-Schönefeld under the direction of lawyer Claus Goldenstein.
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