This product was marketed and sold to investors by UBS as a risk free investment vehicle that would return their entire invested amount in the Lehman Notes at maturity. UBS was the largest seller of the notes other than Lehman Brothers themselves. Customers were not properly informed of the attendant risks involved with the Lehman Notes, specifically the credit risk of Lehman Brothers. Unfortunately, the representations of the investment being safe and risk free proved to be wrong, since the notes were nothing more than unsecured Lehman debt, which are now worthless.
If you have suffered losses from investing in Lehman Brothers’ 100% Protected Notes, please contact our securities law firm for a confidential, no obligation consultation at 1-800-259-9010.