According to the Higher Regional Court of Stuttgart, an investment advisor has a duty to draw investors' attention to prospectus forecasts that are "outdated" by reality at the time of subscription and are therefore too positive.
It is a truism that one should not save money at the wrong end. A recent judgement by the Darmstadt Regional Court (LG), in which the action for rescission brought by a GmbH shareholder...
Clarification by court: In a thoroughly detailed judgment, the Higher Regional Court [Oberlandesgericht – OLG] of Munich explains at great length all the mistakes supervisory board members can make when entering into a consultancy agreement with their company that includes bonus payments.
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