Lehman Brothers emerged from bankruptcy on March 6, 2012 and is expected to begin making distributions to creditors on April 17, 2012. Those creditors include investors in Lehman Brothers "100% Principal Protection," "Partial Protection," "Step-Up Callable," "Return Optimization," and "Absolute Return Barrier" notes. Many of these investors purchased the Lehman structured products from UBS. Unfortunately, bankruptcy distributions likely will return only about 20% of investors' investment losses. For many investors, the only way to recover the remaining 80% of their investments losses is through a FINRA arbitration claim.
A distribution from the Lehman Brothers bankruptcy would not eliminate the right to file a FINRA arbitration claim to recover the remaining 80% of investors' losses. To date, many investors already have recovered money through FINRA arbitration claims against UBS and other banks and brokerage firms that sold Lehman structured products.
Importantly, investors only have a limited amount of time to file a FINRA arbitration claim. If that time expires, investors who fail to file a timely claim could be prohibited from pursuing a claim to recover their remaining Lehman losses.
Dimond Kaplan & Rothstein, P.A. has successfully represented numerous investors who lost money in Lehman Principal Protection Notes and other Lehman structured products. If you would like to discuss your legal rights and how you may be able to recover your Lehman losses, feel free to contact us at (888) 578-6255 or email us at info@dkrpa.com. We maintain offices in Miami, Los Angeles, New York, and West Palm Beach and we represent investors throughout the United States and Latin America, as well as throughout Europe.
