Vernon Litigation Group is actively investigating Merrill Lynch’s practices concerning former UPS employees who hold concentrated positions in UPS stock coupled with securities-backed lending promoted by Merrill Lynch.
Many UPS employees and retirees spent decades building their financial future through company stock and stock options. Financial institutions like Merrill Lynch have offered these individuals margin loans secured by their stock holdings, including options-based strategies. While these loans—known as securities-backed lending—are marketed as convenient and flexible, they carry significant risks. For institutions, margin loans are a profitable revenue stream. However, during periods of market volatility, investors can face substantial losses—sometimes even exceeding those in the broader market. This is a critical risk often overlooked or misunderstood by investors at the time of the pitch.
If you or a loved one experienced financial losses due to securities backed lending or margin accounts tied to a concentrated stock position, you are not alone. Vernon Litigation Group represents clients nationwide in resolving complex business and financial disputes involving broker misconduct, misrepresentation, or negligent financial advice.
Our team of Naples Financial Institution Dispute Attorneys has decades of experience pursuing claims against Wall Street firms for unethical or incompetent handling of client investments. We frequently represent individuals and entities in disputes involving margin loans, concentrated positions, unsuitable investment recommendations, and securities-backed lending practices.
Vernon Litigation Group is located in Naples, FL, and has built a national reputation for aggressive, strategic advocacy in high-stakes financial matters. If you believe you may have a claim or would like to discuss your legal options, we invite you to contact us for a confidential consultation.
Call Vernon Litigation Group today at (239) 319-4434 or fill out our online contact form.