The Court of First Instance No. 22 Valencia has declared void a purchase of preferred shares and subordinated debentures, Bankia condemning al payment 45.000 euros with yields back, legal interest and to pay the costs in Case 21 January 2014.
Very often we raise the question of whether you can claim once the preferred shares were sold, the "Securities Santander", structured bonds, autocancelables and other products of the "bestiary" of bad banking practice.
Sometimes there is a question of the legal effect that may arise from having made redemption of preference shares and subordinated debentures. If the product subscription was void or voidable, the exchange will also be for the following reasons.