LAWSUITS NEWS & LEGAL INFORMATION
UBS Lehman Principal Protected Notes Legal News Articles & Interviews
May 19, 2011. By Charles Benson.
Read [ MassMutual Files UBS Lawsuit over Allegations of Hiding Risks ]
New York, NY Massachusetts Mutual Life Insurance Co. has filed a UBS lawsuit accusing the bank and three others of hiding risks on millions of dollars worth of mortgage-related debt it purchased, Reuters reports.
April 12, 2011. By Heidi Turner.
Read [ UBS Fined for Lehman Brothers Principal Protected Notes ]
New York, NY In the ongoing battle concerning UBS Lehman Principal Protected Notes, the Financial Industry Regulatory Authority (FINRA) has issued a blow against the UBS Lehman structured notes. FINRA has awarded more than $8 million to investors who alleged that UBS downplayed the risks associated with the Lehman Brothers Principal Protected Notes.
April 5, 2011. By Gordon Gibb.
Read [ UBS Lined Its Pockets While Hanging Investors Out to Dry: Allegation ]
Orlando, FL Among a host of investors who were stung by alleged fraud thought to be associated with UBS Lehman Principal Protected Notes are retired individuals desperately trying to grow their nest egg through risk-free investments and a not-for-profit organization using the investment product to raise some much-needed capital with which to operate and undertake good works.
March 26, 2011. By Heidi Turner.
Read [ Investors Filing Claims against UBS Lehman Brothers Principal Protected Notes ]
Concord, NH Investors who had money in UBS Principal Protected Notes might have given a sigh of relief when they heard about the collapse of Lehman Brothers. They might have said they were happy not to have their money tied up in Lehman Brothers structured notes or other Lehman Brothers products. If so, they were probably stunned to learn that their UBS Principal Protected Notes were actually a Lehman Brothers Product, and when Lehman Brothers collapsed, the UBS Lehman Principal Protected Notes lost their value.
March 16, 2011. By Charles Benson.
Read [ Former Adviser Charged with UBS Fraud ]
Walnut Creek, CA A former financial adviser in northern California has been charged with UBS fraud for allegedly transferring money from his clients to his personal bank accounts, Bloomberg reports.
March 11, 2011. By Heidi Turner.
Read [ UBS Lehman: How Safe Are Principal Protected Notes? ]
Philadelphia, PA To say that investors who had UBS Lehman Principal Protected Notes were stunned when their investments lost a lot of their value is probably an understatement. Many say they had no idea that Lehman Brothers was the sole guarantor of the UBS Lehman structured notes, and no idea that the UBS Principal Protected Notes were such risky investments. Unfortunately, many investors say they lost a lot of money when Lehman Brothers failed and their investment dropped dramatically in value.
March 4, 2011. By Gordon Gibb.
Read [ What's in a Name? Not Much, Say UBS Lehman Investors ]
New York, NY If there ever was a contravention in terms, it would be UBS Lehman Principal Protected Notes. In this case, the name certainly did not say it all after scores of investors suffered losses following the collapse of Lehman Brothers—a failure hailed as the biggest corporate collapse in US history.
February 23, 2011. By Charles Benson.
Read [ Lehman Brothers Fraud Lawsuit Filed by California Public Pension Fund ]
New York, NY The California Public Employees' Retirement System (Calpers) has filed a lawsuit over allegations of Lehman Brothers fraud, according to the Dow Jones Newswires.
February 15, 2011. By Gordon Gibb.
Read [ UBS Lehman Brothers: What Did They Know—and When? ]
New York, NY More often than not, in the complex legal world, it is not what you know, but when you knew it that can get you in hot water. The withholding of important information at the worst possible time can have a devastating affect, as is alleged by investors who purchased UBS Lehman Principal Protected Notes prior to the collapse of the once-proud bank in 2008.
February 8, 2011. By Heidi Turner.
Read [ UBS Hit Hard in Lehman Brothers Principal Protected Notes Arbitration ]
New York, NY Although Lehman Brothers is no more, UBS is still feeling the effects of Lehman Brothers Principal Protected Notes. The Lehman Brothers structured notes were sold by UBS and are now the focus of investor arbitrations against UBS. Although UBS says its sale of the Lehman Principal Protected Notes was by the book, so far the majority of arbitrations have gone in favor of the investors, a sign that even arbitration panels do not agree with UBS.
- Attorney: Clients Lost Up to 98 Percent of Their Investment in Lehman Brothers By Heidi Turner (Jan-25-11)
- Is a UBS Fraud Arbitration Claim Better Than Class Action? By Gordon Gibb (Jan-21-11)
- Stockbroker Arbitration Results in $2.2 Million Award in Securities Fraud Case By Heidi Turner (Jan-7-11)
- UBS Lehman Brothers Securities Fraud By Lucy Campbell (Jan-5-11)