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September 10, 2010
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Blog, Securities Fraud
The White Law Group is investigating the appropriateness of reverse convertible securities or reverse convertible notes sold by broker-dealers. A reverse convertible security (RCS), or reverse convertible note, is a short-term note linked to an underlying stock. The primary selling point of the product is that it
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June 23, 2009
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Blog, Securities Fraud
Reverse convertibles are short-term bonds that pay high yields and are coupled to well known stocks. The bonds generally have terms of three months to one year and promise to repay the investor their principal plus exceedingly high interest rates (generally between 6% and 13%) unless the price of the underlying stock
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