The 2008 Lehman Brothers bankruptcy sent shock waves through Wall Street and laid waste to the investments of many people who purchased Lehman Brothers structured notes. Approximately $1 billion of Lehman Brothers principal protection notes, absolute return notes, yield optimization notes, and similar structured productswere sold by UBS, which failed to fully disclose the risk of the investments to investors.
After bankruptcy, investors holding Lehman Brothers notes are unsecured creditors and have lost the value of their investment. However, you may still be able to bring a FINRA arbitration claim against UBS to recover your losses.
Do you have a case? Contact an experienced lawyer at Dimond Kaplan & Rothstein, P.A. for a free consultation about your case. If you need advice concerning UBS's New York-area sales of Lehman Brothers securities, attorneys at our firm can answer your questions and help you pursue compensation in arbitration or litigation.
Securities Arbitration to Hold UBS Accountable
You may be able to bring a claim against UBS through arbitration if UBS misled you into purchasing Lehman Brothers notes. Since Lehman Brothers entered bankruptcy in 2008, many investors have turned to arbitration to recover their investment losses. As a result, arbitrators have awarded millions of dollars to investors who were deceived regarding the safety and security of Lehman Brothers' structured products.
Attorneys at our firm are experienced at helping New York investors bring claims against stockbrokers and brokerage firms for misconduct and fraud. We have in-depth knowledge of the arbitration process and how it will affect the outcome of your case and impact your rights in your claim against UBS. We will work with you to explore every avenue to hold UBS accountable for its misleading statements and fraudulent behavior with regard to the Lehman Brothers notes.
Contact a Securities Lawyer in the Financial District
To learn more about your legal rights and options against UBS, contact Dimond Kaplan & Rothstein, P.A. From our offices in New York, Los Angeles, Miami or West Palm Beach, we represent investors throughout the United States and around the world.
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