Lehman Structured Note Holders Should Act to Protect Their Legal Rights

Investors who purchased Lehman “structured notes” through UBS Financial Services should be aware that a settlement reached in a pending class action will affect their legal rights.

Within the past few days, these investors should have received notice of the settlement, which estimates that investors will receive approximately 13.4 cents on the dollar, less attorney’s fees. So between the bankruptcy recovery and this settlement, UBS customers will clear less than one-third the value of their Lehman investments.

UBS customers do not need to accept this modest settlement.

Kevin Galbraith has represented dozens of UBS customers who purchased structured notes, including so-called “100% Principal Protection Notes,” “Barrier Notes” and “Return Optimization Securities” issued by the now-bankrupt Lehman Brothers, with great success. His track record includes multiple high-dollar awards by FINRA arbitration panels and dozens of high-percentage settlements.

Anyone who lost $50,000 or more in a Lehman structured note investment made through UBS should contact The Galbraith Law Firm for a free, confidential consultation at (212) 858-7650 or kevin@galbraithlawfirm.com.