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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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September 25, 2009
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Blog, Securities Fraud
A reverse convertible security or reverse convertible note is a short-term note linked to an underlying stock. The security offers steady stream of income due to the payment of a high coupon rate. At maturity, the investor will receive either 100% of the par value or a predetermined number of shares of the underlying
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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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