ARS Lawyer Interviews

Kansas City, MO If you are still undecided about action to take concerning your auction rate securities, a new option has opened up to you. Although some people have chosen the class action lawsuit route, others have decided to file individual arbitrations, alleging they were told that the auction rate securities market was safe. However, it is possible to file a group arbitration regarding Auction Rate Securities losses, and that is exactly what 1 law firm is doing.

Kansas City, MO If you have been waiting for a class action lawsuit to compensate you for money lost in Auction Rate Securities it might be time to consider filing an arbitration. According to Diane Nygaard, founder of the Nygaard Law Firm, it appears that class action lawsuits will not help clients who had money in the auction rate securities market. Unfortunately, there are still firms who have not entered into a global settlement with their auction rate securities clients, leaving those clients without their money.

Kansas City, MO If you had money in Auction Rate Securities and have not received a settlement, time is running out. Diane Nygaard, founder of the Nygaard Law Firm, says that now is the time to file a FINRA arbitration claim to recover money that was lost or frozen in the Auction Rate Securities market.

Kansas City, MO The big news in Auction Rate Securities (ARS) is that some of the financial firms, such as Citibank, Bank of America and UBS are in negotiations with regulators about payoff programs for clients who purchased auction rate securities. However, according to Diane Nygaard, founder of the Nygaard Law Firm, nothing has been finalized and no one has been paid yet.

Kansas City, MO Recent proposed settlements involving auction rate securities from UBS, Merrill Lynch, Citigroup, and other underwriters may sound very appealing to investors. However, according to Diane Nygaard, founder of the Nygaard Law Firm, investors must look over their paperwork carefully before signing anything, or they may sign away their right to certain compensation.

New York, NY If you needed any further proof that companies have been up to illegal activity regarding auction rate securities, this should finally convince you. New York State has filed a lawsuit against Swiss bank UBS AG, accusing the company of misleading clients by falsely selling auction rate securities as cash equivalents. According to the lawsuit, several UBS executives sold $21 million worth of auction rate securities as they discovered the securities market was in trouble; however, UBS continued to sell the securities to clients.

Kansas City, MO People who are still wondering if they may have been misled by financial advisers who urged them to buy auction rate securities can stop wondering. Recent news from Massachusetts confirms that at least some financial institutions knowingly gave false information to investors, leading them to believe that auction rate securities were safe investments. Investors are now being urged to file arbitration cases against those financial institutions, before it is too late.

Kansas City, MO Since our first interview with lawyer Diane Nygaard in April, there has been an overwhelming response to the information she provided on Auction Rate Securities. Here, she will bring us up to date on progress made and further insights into the ongoing securities fraud situation.

Kansas City, MO: Nygaard Law Firm represents investors and consumers who have suffered large losses from fraud, most specifically in securities and annuity fraud, pension plan mismanagement, and financial planning. Based in their Kansas City office, Diane Nygaard started her practice in 1986 and, with her two associate attorneys, has collected tens of millions of dollars for investors in the last 20 years. Their newest challenge is Auction Rate Securities.