Smiley Bishop & Porter LLP is investigating Principal Protected Notes (aka, Structured Notes) commonly sold by major Wall Street firms. The notes are touted as safe investments with a guaranteed minimum rate of return with additional upside related to market or index performance. Unfortunately, Structured Notes are not as safe an investment as promised. Issues with the bank’s protection, interest rate risk, and liquidity make them more dangerous and complex than is often represented. Many clients were unaware of the underlying risks and were sold these investments without full disclosure of the risk. Click here for a more detailed explanation of Principal Protected Notes.
If you believe you have suffered losses because of this product, please contact Smiley Bishop & Porter LLP to discuss your rights at 770-829-3850 or toll-free (800) 697-4514. Smiley Bishop & Porter LLP represents individual and institutional investors in securities arbitration and litigation. The firm focuses on cases involving defrauded investors, suitability claims, and mismarketeted investment products. Smiley Bishop & Porter LLP is available for a free initial consultation to determine the best course of action. Visit us at www.sbpllplaw.com to obtain additional information.