Posts tagged ‘Citigroup ELKS lawsuit’
Have you suffered losses in a structured product created by Citigroup? If so, the securities attorneys of The White Law Group may be able to help you recover your losses through FINRA arbitration.
The White Law Group is investigating the liability that FINRA registered brokerage firms would have for improperly selling structured products, like those created by Citigroup, to their clients.
Structured products are typically debt instruments or notes created by investment sponsors that are linked to other assets, such as a stock, which is in turn linked to an asset or assets. Structured products are extremely complex investments that are only appropriate for sophisticated investors capable of understanding the investments complexity and risks.
Since structured products typically offer an income component, these investments often appeal to retirees living on a fixed income. Brokerage firms continue to push these structured products because of the high commissions associated with their sale and creation.
The White Law Group is specifically investigating several of the structured products created by Citigroup. Those structured products include Citigroup Index-Linked Notes, Citigroup Principal Protected Trust Certificates, Citigroup Equity Linked Term Notes (Citigroup ELKS), Citigroup Leading Stockmarket Return Securities (Citigroup LASERS), Citigroup Portfolio Income Strategic Opportunity Notes (Citigroup PISTONS), Citigroup Premium Mandatory Callable Equity-Linked Securities (Citigroup PACERS), Citigroup Select Equity Indexed Notes (Citigroup SEQUINS), and Citigroup Targeted Growth Enhanced Terms Securities (Citigroup TARGETS).
Based on what is currently known, it appears that investors in these products may have claims to recover their investment losses.
To speak with a securities attorney regarding your losses in a Citigroup structured product, please call The White Law Group at 312/238-9650 for a free consultation. The White Law Group is a national securities fraud, securities arbitration and investor protection law firm with offices in Chicago, Illinois and Boca Raton, Florida.
For more information on The White Law Group, visit the firm’s website at http://www.whitesecuritieslaw.com.