A class action lawsuit has been filed against UBS Financial Services, Inc. on behalf of all investors who were sold Lehman Brothers structured notes, also referred to as Lehman principal protection notes, by the brokerage firm. Continued
All Posts Tagged With: "Financial Fraud"
Lehman Brothers Lawsuit to be Filed by California County
San Mateo County, California, has indicated they intend to file a lawsuit against Lehman Brothers’ top officers for making false and misleading statements about the investment bank’s financial position during the weeks leading up to a bankruptcy filing on September 15, 2008. Continued
Schwab Yield Plus Arbitration Award Issued for $542,340
An investor who lost money in the Schwab YieldPlus fund was awarded $542,340 as part of an arbitration claim filed against his broker. Continued
Lehman Brothers Class Action Lawsuit Filed
A Lehman Brothers class action suit has been filed on behalf of investors who purchased Lehman Preferred Series “J” stock shares issued between February 5, 2008 and September 15, 2008. Continued
Morgan Keegan Arbitration Award for Over 75% of Mutual Fund Losses
In what is believed to be the first Morgan Keegan arbitration award for losses associated with the crash of the subprime mortgage market last year, an individual investor will recover over 75% of his claimed mutual fund losses. Continued
Wachovia faces Class Action Lawsuit over Evergreen Ultra Short Opportunities Fund
A class action lawsuit has been filed in the U.S. District Court for the District of Massachusetts on behalf of investors who held shares in Wachovia’s Evergreen Ultra Short Opportunities Fund (NASDAQ: EUBAX, EUBBX, EUBCS, EUBIX), which was also known as the Evergreen Ultra Short Bond Fund prior to August 1, 2005. Continued
