Law Firm on behalf of the investors in the Norwegian brokerage joint collection

Law Firm on behalf of the investors in the Norwegian brokerage joint collection

    The plaintiff said these securities is designed to attract higher than fixed deposits and / or Treasury yield elderly and retirees in the current low interest rate environment. However, these securities are the risks of financial derivatives. The defendant to direct sales of these securities to the investing public, mainly elderly retirees, for example, a plaintiff is a 84-year-old widow living in San Diego.
    The joint lawsuit further alleges that the the Eksportfinans distribution of securities for the risk-averse conservative investors, claiming that these securities are fully Guaranteed. Fixed income hedge against inflation for retirees and others who wish to gain attractive.
    Defendant Eksportfinans issuers of such securities for Oslo, Norway headquarters of the international credit business financing. These securities are said to Eksportfinans two advantages: (1) they raise capital. (2) These securities give Eksportfinans a favorable position of derivatives, to pass on the losses in the stock market investors. These securities accused is a very unstable type of reverse convertible notes or bonds, is a "structured products", and the Schwab Yield Plus Fund Fund and Lehman Brothers, Merrill Lynch and UBS consignment products are a class of derivatives . It is said that these securities can the value of the underlying securities for risk of loss from the defendant passed on to the distribution of such notes or bonds do not have experience of small retail investors.
   The investors alleged to have been "reverse convertible bonds hidden complexity confused. These securities to mislead investors at high prices to buy them. Conditions downside protection "actually means that only at some point in the underlying securities prices did not fall below a certain price when the protection of principal. This will cause investors to lose money when the securities mature and investors unexpectedly still holds when the value has fallen to their original principal amount paid under the Securities. In many cases, the securities of the accused is said to be caused within a few months after purchase cast, resulting in losses to investors.
    The Law Firm of Ronald A. Marron APLC is a law firm located in San Diego, California, active in the upcoming hearing of the U.S. federal and state courts a number of complex legal proceedings. Ronald A. Marron been cheated in the past 15 years on behalf of investors, consumers and others who played a major role in many important legal proceedings. I hope to explore this legal action or have any questions or interests relevant to this case who should get in touch with Ronald A. Marron lawyers of this notice.