Tag: Lehman Notes

Lehman bankruptcy liquidation to provide poor recovery to 100 percent principal protected notes investors says Vernon Litigation Group investor advocacy law firm

Apr 26, 2012 / Blog , Tags: ,

Naples, Fla. — Investors holding Lehman 100 percent principal protected notes or other Lehman structured products are now receiving word that their share of the initial Lehman bankruptcy distribution on April 17 amounts to 6 cents on the dollar. “We’ve been informed by a representative of Wilmington Trust, the bankruptcy trustee that is handling Lehman notes distributions, that Lehman note holders may receive up to 21 cents on the dollar […]

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Investors harmed by the Lehman Brothers bankruptcy get mixed messages this week

The Lehman Brothers bankruptcy that shook the financial world in 2008 still has investors who lost billions in the collapse wondering when they will begin to recoup their losses. Two decisions this week – one by a judge and the other by the Lehman Estate – did little to bring clarity to the situation or hope that investors will see a significant portion of their money anytime soon, say securities attorneys at Vernon […]

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UBS fraudulently hawked Lehman principal protected notes to clients,Vernon Litigation Group investor claim states

Naples, Fla. — UBS fraudulently misrepresented Lehman principal protected notes in a heavy sales push to its brokerage firm clients at a time when it was systematically shedding its own Lehman debt behind the scenes in advance of the Lehman Brothers bankruptcy, according to a claim filed today by the nationwide investor advocacy law firm Vernon Litigation Group. Holders of Lehman notes have been left standing at the back of […]

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Vernon Litigation Group files an additional $1.1 million in Lehman note claims against UBS

May 19, 2011 / Blog , Tags:

Naples, Florida — Nationwide investor advocacy law firm Vernon Litigation Group filed $1.1 million in securities fraud claims today against UBS for misconduct involving sales of Lehman structured products that promised investors “principal protection” but left them with virtually worthless investments. In the past week, Vernon Litigation Group has filed more than $2 million in claims against UBS on behalf of investor victims from Tennessee, Texas, Maryland, Pennsylvania, Missouri and  […]

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