Lehman 100 Percent Principal Protected Note Investment Fraud Lawsuits by Texas Investment Fraud Lawyer and FINRA Lawyer Jason S. Coomer

Lehman Brothers 100 Percent Principal Protected Note Investment Fraud Lawsuits by Texas Investment Fraud Lawyer and FINRA Lawyer Jason S. Coomer

In September 2008, Lehman Brothers collapsed causing investors to lose retirement funds, savings, and large amounts of money.  Many of these investors had invested in Lehman 100 Percent Principal Protected Notes.  Over $1 Billion of these notes were sold to investors.  The 100 Percent Principal Protected Notes were marketed as a conservative investment that was “risk free” and perfect for retirement accounts. However, these notes were actually unsecured obligations subject to the credit risk of Lehman Brothers, and their value was wiped out when Lehman Brothers collapsed and filed for bankruptcy.

Investors that were sold these 100 Percent Principal Protected Notes may have a viable cause of action against UBS or other brokers that improperly marketed and sold these notes.  Time is limited to file these investment fraud cases and investors that are interested in seeking compensation for significant losses from the 100 Percent Principal Protected Notes should contact an investment fraud lawyer.

FINRA Arbitration Claims

FINRA arbitration typically allows investors that have lost substantial amounts of money from broker fraud or misrepresentations to seek compensation through arbitration.  Claims for FINRA arbitration should be filed within six years of the wrongful actions by the broker.  For more information regarding a FINRA arbitration, please feel free to go to the following web page:

http://www.finra.org/ArbitrationAndMediation/Arbitration/Overview/

Lehman Brothers Was The Fourth-Largest U.S. Investment Bank At The Time of Its Collapse and The Largest Bankruptcy In History

 
On September 15, 2008 in the midst of the sub-prime melt down, Lehman Brothers one of the largest U.S. investment banks was forced to file for bankruptcy. At the time of filing for bankruptcy, the investment bank had $639 billion in assets and $619 billion in debt and the bankruptcy filing was the largest in history.  Since Lehman's bankruptcy filing, the Lehman lesson has been that large investment banks and large corporations need to keep substantial liquid assets and cash reserves in order to make sure that they can pay their debt obligations.  Additionally, it helps to have significant investment diversity and political clout like AIG to ensure a government bailout.

Lehman Brothers was the largest victim, of the U.S. subprime mortgage-induced financial crisis that swept through global financial markets in 2008. Lehman's collapse was a seminal event that greatly intensified the 2008 crisis and contributed to the erosion of close to $10 trillion in market capitalization from global equity markets in October 2008, the biggest monthly decline on record at the time.

Lehman Note Investors Can Seek Compensation for Their Loses From Brokers That Failed To Properly Disclose Risk and Improperly Marketed These Notes

UBS, Wachovia, Merrill Lynch, Citigroup, and other brokers that improperly marketed and sold Lehman 100 Percent Principal Protected Notes may be forced to pay compensation for failing to properly disclose the risks of these investments.

If you have lost your life savings, retirement fund, or a large amount of money through an investment fraud scheme, misappropriation of funds by a broker or investment firm, misrepresentations, improper disclosures, broker negligence, careless investment advice, deceptive investment advice, inadequate risk warnings, churning, or other unethical or unlawful investment acts, please feel free to send an e-mail to Texas Investment Fraud Lawyer Jason Coomer.  For more information on investment fraud lawsuits and FINRA arbitrations, please go to the following web page: Texas Investment Fraud Lawyer and Texas Broker Fraud Lawyer.