Fraud upon the sale of shares; short limitation period?

Legal news

In case of purchase, the delivered item must be in conformity with the agreement. This means that the item must have the characteristics that the buyer was entitled to expect under the agreement. If this is not the case, this constitutes non-conformity. A right of action on this basis will become prescribed two years after the buyer has informed the seller of the existence of such non-conformity. On 17 November 2017, the Dutch Supreme Court held (ECLI:NL:HR:2017:2902) to what extent this short limitation period applies to a claim for damages on account of fraud upon the purchase of shares.