Judgement on the validity of contracts for the purchase of financial instruments from retail investors

JUDGMENT OF THE COURT (Fourth Chamber) - 16 January 2025 (*) -( Reference for a preliminary ruling – Markets in financial instruments – Directive 2004/39/EC – Article 52(2) – Action brought in the interests of consumers – Consumer organisations having a legitimate interest in protecting consumers – Standing to bring legal proceedings to defend the individual interests of their members – Loss of standing in the case of investments in high-value financial products – Exemption from court fees and from the obligation to pay the costs incurred by the opposing party – Procedural autonomy – Principle of effectiveness )

16.01.2025

C‑346/23

Final version