Articles Posted in Principal Protected Notes

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One notable development for investors relates to several FINRA arbitration awards recently rendered against UBS Financial Services, Inc. (“UBS”) for sales practice abuses concerning UBS’s selling and marketing of principal protected structured notes issued by Lehman Brothers Holdings, Inc. (“Lehman Brothers”), which are structured investment vehicles that combine a fixed income note with a derivative typically linked to an equities index, a group of indices, or other assets. These products were developed, underwritten, offered, marketed and sold by UBS to its customers and investors as safe and principal protected investments; however, they were extremely risky and became worthless when Lehman Brothers filed for bankruptcy. Based on these claims, our firm has filed numerous arbitrations against UBS on behalf of investors and customers of UBS who invested in Lehman Brothers principal protected structured notes.

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