Notice From the Securities Arbitration Law Firm of Klayman & Toskes to All UBS Customers Who Invested in Lehman Brothers 100% Principal Protection Notes -- UBS
NEW YORK, Oct. 15, 2012 (GLOBE NEWSWIRE) -- The Securities Arbitration Law Firm of Klayman & Toskes (K&T), www.lehmanprincipalprotectionnotes.com, announced today that it is continuing to pursue securities arbitration claims against UBS Financial Services (NYSE: UBS) with the Financial Industry Regulatory Authority's ("FINRA") Office of Dispute Resolution, on behalf of investors who sustained losses in Lehman Brothers 100% Principal Protection Notes. These Notes have also been referred to as "Principal Protected" Notes. K&T has also been retained on behalf of investors who lost money in other Lehman Brothers structured products, including Return Optimization Notes and Auto-Call Notes.
Many Lehman Note holders have filed claims in the Lehman bankruptcy proceeding and are hoping to recover their losses in the Notes through that process instead of filing an individual securities arbitration claim. However, it is appears that investors will only receive about 20 cents for every dollar invested in Lehman Notes. Accordingly, investors should avail themselves of all remedies in attempting to recover their losses, including filing a securities arbitration claim. Further, investors should determine if they have to contend with any statute of limitations issues.
Also, while a class action lawsuit has been filed relating to Lehman Brothers 100% Principal Protection Notes, K&T reminds investors of the benefits of filing an individual arbitration claim, as opposed to participating in a class action lawsuit. By participating in a class action lawsuit, an investor may only recover a nominal amount. However, if one has experienced significant investment losses, it may be more beneficial for them to file an individual securities arbitration claim. In 2003, K&T conducted a detailed study of securities arbitration versus class action. The study concluded that investors who file a securities arbitration claim traditionally obtain an overall higher rate of recovery as opposed to participating in a class action lawsuit. To view the full results of the comparison, please visit our web-site: http://www.nasd-law.com/documents/classvr.pdf.
Investors who have sustained losses in Lehman Principal Protection Notes or other structured products issued by Lehman can contact K&T to explore their legal rights and options. The attorneys at K&T are dedicated to pursuing claims on behalf of investors who have suffered investment losses. K&T, an experienced, qualified and nationally recognized securities litigation law firm, practices exclusively in the field of securities arbitration and litigation. It continues its representation of investors throughout the world in securities arbitration and litigation matters against major Wall Street brokerage firms.
If you wish to discuss this announcement or have investment losses of $100,000 or more in Lehman Principal Protection Notes or other structured products, please contact Steven D. Toskes, Esquire or Jahan K. Manasseh, Esquire of Klayman & Toskes, P.A., at 888-997-9956 or visit us on the web at www.lehmanprincipalprotectionnotes.com.