Parmalat Deutsche Bank to pay 90 thousand euro of risarcimentoGiustizia
A subsidiary of Deutsche Bank in Bologna was ordered to pay compensation of approximately € 90 thousand (including interest and attorneys' fees) for the purchase of bonds issued Parmalat Finance Corporation BV, a Belgian company not listed on the Italian stock exchange, and not from a finance company Collecchio. Just this last difference is based on the error in which a family has fallen from Bologna who had invested some € 60 thousand in bonds. Inevitable error, according to the court, since that the bank has kept quiet about the information. In issuing the ruling - one of the first in Bologna Confconsumatori according to the association to which the victims were targeted - was the court in Bologna, chaired by Bruno Berletti. The purchase was made by two pensioners and their two daughters at the end of 2003, with the intermediation of Deutsche Bank. But in spite of those bonds were guaranteed by Parmalat financial securities were totally different from those of the "original" means the company had listed on the Luxembourg Stock Exchange therefore not subject to prohibitions and controls and Consob, according to defense attorney John Franks, "he continued to issue bonds to get money so cover the debts of the parent company is now in shambles. "The judge then has acknowledged the mistake made by investors confers the credit institution that has failed, knowingly, to the obligations of good information, care and protection of the interests of customers required the Consolidated Financial in 1998. During the process, according to the lawyer Franks, the bank has failed to demonstrate that they have adequately informed the family.
Source: Ansa
April 23, 2008 - 19:03
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