Legg Mason Emerging Markets Low Volatility High Dividend ETF Liquidation
Concerned about your investment in the Legg Mason Emerging Markets Low Volatility High Dividend ETF?
Have you suffered losses investing in Legg Mason Emerging Markets Low Volatility High Dividend ETF (CBOE BZX)? If so, The White Law Group may be able to help you recover your losses by filing a FINRA arbitration claim against the brokerage firm that sold you the investment.
Legg Mason, Inc. (NYSE: LM) recently announced that the Board of Trustees of the Legg Mason Emerging Markets Low Volatility High Dividend ETF (the “fund”) has reportedly determined to liquidate the fund.
Effective as of the close of business on March 30, 2020, the fund will allegedly no longer accept orders for the purchase of creation units. It is expected that the fund will cease trading on CBOE BZX on or about May 15, 2020 after the close of business, and subsequently will be delisted.
Recovery of Investment Losses
The White Law Group is investigating the liability that financial advisors and brokerage firms may have for unsuitable recommending CBOE BZX to investors.
Financial professionals and brokerage firms have a duty to recommend only investments that are appropriate for the client based on the client’s age, investment experience, net worth, and investment objectives. If a financial advisor unsuitably recommends an investment they can be found liable for the resulting losses.
If you have suffered losses investing in Legg Mason Emerging Markets Low Volatility High Dividend ETF (CBOE BZX), you may be able to recover your losses through a FINRA arbitration claim. For a free consultation with a securities attorney, please call the White Law Group at 888-637-5510.
The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm with offices in Chicago, Illinois and Franklin, Tennessee.
For more information on The White Law Group, visit https://www.whitesecuritieslaw.com.