We serve you in a personalized way
From professionals with ample experience
We find the most favorable solution to your claim
Hundreds of cases of success back us up
Process of Claiming to the Banco Popular
Get your money back!
- The Supreme Court has ruled against the Banco Popular for the commercialization of convertible bonds, in which it makes it clear that individuals or companies that have bought bonds convertible into actions have to be “experts” in the stock market.
- This index is elaborated stemming from data that banks provide. From information about the types of interest of the mortgages that entities grant for newly built homes a reference mean arithmetic is extracted. The problem, as the commercial court number 3 from Valencia has admitted, is that this mortgage reference has complete dependency with the decisions of banks. That is to say, they can manipulate the IRPH practically as they wish.
What is the judicial proceeding?
- A new case of a ruinous financial product: an issuing of convertibles of Popular of 700 millions launched in 2009 which expired on November the 25th of 2015 with initial losses of 81.1% for their holders, and which are currently greater.
- It’s a complex and risky product and the entity omitted the informational duties required by law for the commercialization of these type of products.
We keep an Easy and Fluid communication