More and more investors are coming forward who have been affected by the insolvency of the Swiss company SGT Swiss Gold Treuhand and are now suffering high financial losses. The investigations by the Feldkirch public prosecutor’s office against SGT Swiss Gold Treuhand and its intermediaries in Vorarlberg and Tyrol are in full swing. The experienced litigation financier EAS advises the injured parties to file a class action lawsuit.
Mediation without the necessary authorization
SGT Swiss Gold Treuhand acted as a structural distributor and is under strong suspicion of having operated a so-called pyramid scheme. Several intermediaries are said to have brokered SGT products to customers without the necessary commercial approval. The investors were not informed about this, but that is exactly what should have been communicated to them in order to be fully informed.
Litigation financier advises filing claims for damages against intermediaries
Some of the affected gold product brokers are now once again misleading the injured investors and advising them to take legal action against the company SGT Swiss Gold Treuhand alone. However, Erste Allgemeine Schadenshilfe AG (EAS) warns against this option – due to the company’s insolvency, it may no longer be possible to obtain compensation. “As specialists in this case and hundreds of others, we know exactly how any claims for damages must be properly asserted,” emphasizes Wolfgang Ender, Director of EAS, and adds: “Our goal is to ensure that those injured do not suffer any further losses through costly proceedings against them the insolvent SGT Swiss Gold Treuhand must suffer.”
The EAS has extensive experience in enforcing claims for damages and points out in this case that claims against the responsible intermediaries are a more realistic option.
Non-binding legal advice for injured investors
Damaged investors can contact Erste Allgemeine Schadenhilfe AG directly. The EAS will provide you with sound, non-binding legal advice and a free initial consultation with a specialized lawyer. This enables those affected to find out the best steps to take to enforce their claims and to receive an objective assessment.
Further information and contact
First General Damage Assistance AG
Vorarlbergerstraße 37, FL-9486 Schaanwald, Principality of Liechtenstein
office@schadenshilfe.com
Telephone: +423 377 1700
www.schadenshilfe.com