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liable: Dubious "Investment attorneys" to make himself liable for damages

Vor der Beauftragung eines Anlageanwaltes sollte man sich grundsätzlich zunächst mit dessen Erfolgsbilanz vertraut machen. Hat die Kanzlei bereits Anleger gegen den entsprechenden Anbieter (Bank, Fondsinitiator, Versicherungsgesellschaft) vertreten? Und wenn yes, those procedures to the clients were crowned with success?

A lawyer is obliged to inform its clients before legal action to truthfully about his chances. A lawyer who has his clients aware of the process prospects in the dark or even intentionally misrepresents these can be held liable and obliged to pay compensation (see in particular the following judgments).

A lawyer may not allow the clients about the real opportunities and risks in the dark and vast promise of success, when in fact a very substantial risk of loss exists process.

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Where a complaint shows no prospect of success, then it is a violation of employment contractual obligations of the lawyer when he tells the client , that the action was overwhelming chances of success.

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The lawyer must therefore advise against legal action if the action has virtually no chance of success.

Does he not violated his duties and shall replace any damage arising therefrom.

( OLG Koblenz, reference 12 U 315/05 )

Is the claim or defense futile against an action, the discourage law clearly because of the cost risk of the complaint.

( BGH, IX ZR 52/02 )

Many lawyers for investment often over the years dozens, even hundreds, of more or less identical case against the same old provider - and produce for their clients often defeats on the assembly line.

So for example "investment counsel" Martin Arendt in Grünwald near Munich over 94 percent of all in the last 10 years against him by the Oberhachinger ALPINA-Gruppe angestrengten Verfahren verloren – was ihn jedoch nicht daran hindert, auch heute noch nahezu gleichlautende Klagen einzureichen, in deren seit Jahren weitgehend identischem Wortlaut lediglich Name und Anschrift der Anleger ausgetauscht werden. Minimaler Aufwand – maximaler Ertrag … für den Anlageanwalt versteht sich, denn dessen Honorar bemißt sich nicht nach dem Erfolg, sondern stets nach dem Streitwert.