A group of Russian private investors filed the first class action lawsuit against the European deals depository Euroclear Bank. The Moscow Arbitration Court registered the request on July 21.
The document was published in the arbitration case file. The plaintiffs are eight natural persons, in addition to the commercial Energotransbank. As third parties, National Settlement Depository (NSD), Raiffeisenbank, Sberbank CIB, Alfa Capital, Rosselkhozbank, VTB, Aton, Cifra Broker, Kit Finance and BrokerCreditService Company are listed.
The essence of the claims and the amount of the claims are not given in the filing cabinet. However, the NSP law firm, which represents the interests of the claimants, reports that the lawsuit was filed on the basis of Article 248.1 of the Arbitration Procedure Code of the Russian Federation: it is related to the consequences of sanctions, “the effect of which was felt by Russian investors.”
The plaintiffs demand the return of the value of the blocked assets and the recovery of the amounts accrued and not received: bond redemptions, dividends, coupon payments and others. The amount of the demands is 2 billion NSP expects the court session to take place in September this year.
Also on July 21, the court received a lawsuit from a private investor, Roman Prudentov. NSD, Tinkoff Invest Lab, SPB Bank and Tinkoff Bank are listed as third parties, and the amount of the claims amounted to 57.2 million rubles.
These are the fourth and fifth lawsuits filed against Euroclear in July. Earlier, the management company “Pervaya” appealed to the court with claims for 184.8 billion rubles, the regional investment company “Energy-Invest” for 143.9 million rubles, and private investor Elida Khasanova with claims for $28.2 thousand.
Author:
Ahmed Sadulayev
Source: RB
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