CORAL SPRINGS, Fla., Oct. 8, 2008 (GLOBE NEWSWIRE) -- Blum & Silver, LLP (http://www.stockattorneys.com) announced that it is currently investigating claims on behalf of purchasers of Lehman Brother's "structured products." Structured products or structured notes are supposed to provide the safety of fixed income with the upside of the stock market. However, many of these products have suffered substantial losses.
Structured notes were frequently marketed to conservative investors seeking preservation of capital in exchange for only a modest gain in principal. Many Wall Street firms, including UBS, Merrill Lynch, Citigroup and others, sold these products to their best and most conservative clients. It is now possible that investors could lose a substantial amount of their investment because of Lehman Brother's bankruptcy or the risk of default of other financial institutions.
Blum & Silver, LLP continues to investigate the matter including potential liability of other sellers of structured products. The Law Offices of Blum & Silver, LLP is a nationally-recognized securities and commodities law firm headquartered in South Florida with a satellite office in New York, New York. The primary focus of the firm is representing investors with their claims for losses due to stockbroker misconduct and brokerage firm negligence in securities and commodities litigation and arbitration matters. Many of our attorneys are fluent in English and Spanish and frequently represent investors in Latin America. If you wish to discuss this announcement or have information relevant to our securities claims, please contact Scott L. Silver, Esq. of Blum & Silver, LLP, at 1-877-STOCK LAW (1-877-786-2552) or visit us on the web at http://www.stockattorneys.com.
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CONTACT: Blum & Silver, LLP 1-877-786-2552