Suffered Losses On Lehman “100% Principal Protected” Notes Sold By UBS?
When Lehman Brothers collapsed in 2008, a product called “100% Principal Protected Notes,” which was issued by Lehman, was rendered worthless and thousands of investors suffered billions of dollars in losses. Many banks sold PPNs and UBS in particular sold up to $1 billion worth.
Investors represented by Zamansky & Associates have successfully argued that when brokers pitched Lehman structured notes to their investors, they misled customers as to the safety of principal protected notes and failed to disclose important information.
In December 2009, Zamansky & Associates won the first arbitration award on behalf of a UBS client whose broker recommended that she purchase Lehman’s 100% principal protected notes. After a successful arbitration trial, UBS was ordered to reimburse our client for the losses on the note and to pay all related expenses, including attorney fees. Our law firm represents dozens of investors around the country with similar cases.
If you purchased Lehman’s principal protected notes, contact Zamansky & Associates today for a free, confidential consultation.
Simply fill out the form below and a representative from Zamansky & Associates will be in touch to discuss options for recovering losses.
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Why Zamansky & Associates?
We’re the experts: We are the acknowledged experts on products like “100% Principal Protected Notes” and won the first case against UBS for its inappropriate sales tactics.
We change industry practices: Our suit against Merrill Lynch analyst Henry Blodget sparked Eliot Spitzer’s 2002 investigation of Wall Street research.
We have the experience: We have been taking on Wall Street to recover losses for wronged investors for over 30 years.