You are not powerless — the law offers you concrete options to recover your damages.
Your legal protection
As an investor in the Netherlands, you enjoy legal protection. Companies offering investment products are obliged to inform you fairly, completely, and non-misleadingly about the product, the risks, and the costs. If they fail to do so and you suffer damages as a result, you can hold them liable. This right does not automatically expire because the company goes bankrupt — the responsible individuals can be held personally accountable.
Unlawful act (Art. 6:162 BW)
The most important legal basis for damage claims in investment fraud is the unlawful act (tort). If a company or person has acted unlawfully — through fraud, deception, or breaching duties of care — and you have suffered damages as a result, you are entitled to compensation. This is the foundation on which BFRG’s mass claims are built.
Directors’ liability
When a company goes bankrupt or no longer has recoverable assets, directors’ liability offers an alternative route. If directors can be seriously blamed personally — for example, because they deliberately acted fraudulently, withheld information, or siphoned off funds — they can be held liable with their private assets. This is essential in investment fraud, where the company itself is often empty.
Collective action
The WAMCA (Class Action Financial Settlement Act) offers victims the opportunity to act jointly via a foundation. This is exactly what BFRG does: submitting a damage claim to the court on behalf of all victims.
Statute of limitations
Pay attention to limitation periods. The standard period is five years, but the starting point can be complex. Take action in time to secure your rights.