What is a mass claim?
In a mass claim, multiple victims bundle their individual damage claims into one joint procedure against the same opposing party. Instead of each investor having to litigate separately — with all the associated costs, risks, and uncertainties — a foundation acts as the prosecuting party in court on behalf of all participants.
The concept is simple but powerful: a single claim on behalf of hundreds or thousands of victims carries much more weight than an individual case. The opposing party cannot ignore a collective the way they can ignore an individual investor. The judge sees the scale of the problem. And the legal costs are divided among all participants.
Benefits of a mass claim
Lower costs per participant. Litigating a fraud case can easily cost tens of thousands of euros in lawyer fees, court fees, and investigation costs. In a mass claim, these costs are distributed among all participants, meaning you as an individual pay a fraction of what your own procedure would cost. This makes legal recourse accessible to everyone, regardless of the amount invested.
Greater legal striking power. A claim on behalf of 1,700 victims with joint damages of hundreds of millions of euros makes a bigger impression than an individual claim of a few tens of thousands of euros. The opposing party is forced to negotiate seriously, the media pays attention to the case, and the judge sees the structural nature of the fraud.
Professional guidance from A to Z. Your case is handled by specialized lawyers and investigators with years of experience in fraud cases. You do not have to find a lawyer, gather evidence, or conduct procedures yourself. We take the entire process out of your hands.
Forensic investigation. An individual investor cannot afford to have a thorough forensic financial flow investigation carried out. In a mass claim, this investigation is financed collectively, meaning there are resources for in-depth research that makes the difference in the courtroom.
What is it suitable for?
Mass claims are ideally suited for situations where a large number of people have been disadvantaged by the same party. Examples include investment fraud (such as the Goodwood/Floresteca case), bankruptcies of investment companies where investors lose their money, unfulfilled investment promises in foreign projects, and collective damages due to unlawful acts by directors.
Our experience
Foundation BFRG’s main case concerns the Goodwood, ATF, and Floresteca case, with more than 1,700 files being processed. The total invested capital of our clients amounts to hundreds of millions of euros. We initiated summary proceedings at the Amsterdam District Court in 2015, appealed against the suspension of payment agreement of Floresteca, and conducted years of forensic investigation that has made the legal substantiation of the claim possible.
