Even with Lehman Brothers in Bankruptcy Court, investors who sustained losses in Lehman Brothers Principal Protected Notes still have options for recovery, according to this article on the Market Watch section of the Wall Street Journal online. Overall, the article contends that investors who file an individual securities arbitration claim achieve the highest rate of recovery.
While some investors have filed claims in the Lehman Brothers bankruptcy proceedings, this route typically leads to recovery of only around 21 cents per dollar lost, according to the article. Another option would be to join the class action suit filed against UBS Financial relating to the losses from the Lehman Brothers 100% Principal Protection Notes. However, the article notes that recovery via class action may yield only a nominal amount.
According to the article, the study concluded that those who filed an individual securities arbitration claim traditionally had the highest rate of recovery.
If you have a legal question about an investment or think you have been the victim of investment fraud, please contact the attorneys at The Frankowski Firm at 888-741-7503 to discuss your potential legal remedies.