Attorney for Individual Lehman Brothers Principal Protected Notes Lawsuits
When brokers began selling Lehman Brothers notes as "principal protected," investors, many elderly and retired, believed they were making conservative investments. However, this was not the case. The notes were only as good as Lehman Brothers Holdings, Inc., which declared bankruptcy in 2008.
If you invested in Lehman Brothers principal protected notes, you may be able to hold your brokerage firm accountable for your loss. Contact The Law Firm of David R. Chase, P.A., to speak with a securities attorney in a free initial consultation. Call our Fort Lauderdale, Florida, law offices at 866-457-2847.
Basic due diligence by the large firms may have protected thousands of investors from stock fraud.
Individual Claims Vs. Lehman Brothers Class Actions
Although class actions have been filed against certain brokers that sold Lehman principal protected notes, those who suffered substantial losses may be in a better position to recover their investments through an individual arbitration claim with the Financial Industry Regulatory Authority (FINRA). Unlike a class action, a FINRA arbitration claim allows you to:
- Choose your own counsel (only the lead plaintiff has this right in a class action)
- Have your unique facts presented to an arbitration panel
- Control the decision whether to settle your case and for how much
- Generally secure a result within approximately twelve months, as opposed to potentially years with a class action
Don't get lost in a large class action claim. For individual attention from a dedicated securities lawyer, contact The Law Firm of David R. Chase, P.A., at 866-457-2847.
