P&R Container
Compensation for investors against investment
advisors and intermediaries
Many investors have invested in P&R containers because an investment adviser advised them to do so. In most cases, however, no correct advice was given. For a claim for damages, it is sufficient that only one of the numerous information obligations has been violated. The advisor is then obliged to reverse the entire investment. This means that the investor gets back his invested capital minus the rent received. Consulting contracts do not have to be drawn up in writing, so that, for example, a consulting situation is possible due to a short telephone call
Investment advisors are obliged to provide advice that is appropriate for the investor and property, and to promptly inform the client about all circumstances relevant to the decision. This includes publicly known warnings about P&R, including:
- Purchase, buyback and rental prices were far above the market level
- Relevant press reports that indicated a lack of plausibility
- Industry risk due to the shipping crisis since 2008 and the insolvency of competitor Magellan (2016)
- Questionable acquisition of ownership of the containers
- Restricted auditor's opinions
Investor Rights bundles claims against investment advisors and intermediaries and checks whether litigation financing is possible. Talk to us!