BGH-bomb: Banks, distributors & intermediaries are fully liable!

by Johannes Fiala, lawyer The BGH has made clear by its judgement of 07.10.2003 (Gz. III ZR 381/02) that mediators of investments are liable for damages if they make false statements. This is nothing new in and of itself. However the BGH makes clear that it is forbidden to the mediator to pass on simply […]