How much are the lawyer’s fees and court costs in case of a lawsuit?
We will offer private investors to participate in a so-called class action lawsuit. In this lawsuit, several plaintiffs are combined in one lawsuit. This can considerably reduce the amount of costs to be borne in the event of defeat. The litigation cost risk in the event of a defeat is made up of the company’s own legal costs, the opposing party’s legal costs and the court costs. The costs are based on the German Lawyers’ Fees Act and your individual loss. Please contact us without obligation so that we can inform you about your risk of legal costs.
In addition, we are in negotiations with various litigation financiers. A litigation financier would bear the cost risk for you (if your case would be taken over) and in return, however, would retain a certain percentage of the sum obtained for you in the event of a successful outcome; this is usually one third.
If you already had legal expenses insurance at the time of the investment and the insurance also covers disputes in the capital market, we will submit a cover request free of charge.