If You Purchased Certain Structured Products Securities Issued By Lehman Brothers and Underwritten and Sold By UBS in 2007 and 2008, You May Be Entitled To Recover A Payment From The Lehman Brothers & UBS Structured Products Securities Class Action Lawsuit Settlement.
UBS Financial Services Inc. (“UBS” or “Defendant”) has reportedly agreed to a proposed settlement of a securities fraud class action lawsuit against UBS in the United States District Court for the Southern District of New York (styled as In re Lehman Brothers Equity/Debt Securities Litigation, Case No. 08-cv-5523-LAK) alleging, among other things, that UBS violated federal securities laws in underwriting and selling securities such as structured products (i.e., fixed income security and derivative, including a basket of securities, commodities, options, or foreign currency) issued by Lehman Brothers Holdings Inc. and underwritten and sold by UBS in 2007 and 2008 by allegedly make false statements about Lehman Brothers financial condition and the principal protection feature of certain Structured Products that were underwritten and sold, according to the Lehman Brothers & UBS Structured Products Securities Fraud class action settlement notice.
Lehman Brothers & UBS Structured Products Securities Fraud settlement class members reportedly include, unless otherwise excluded, all persons who purchased or acquired certain Structured Products underwritten and sold by UBS in 2007 and 2008 listed on Exhibit A to the class action settlement notice and suffered damages thereby.
Under the Lehman Brothers & UBS Structured Products Securities Fraud Class Action Lawsuit Settlement, UBS has agreed to create a settlement fund of $120 million for the benefit of the settlement class who invested in the structured securities covered by the settlement and who file eligible claims. UBS & Lehman Brothers Structured Product settlement claim forms can be filed and/or downloaded online at www.lehmanspsettlement.com.
For more information regarding the Lehman Brothers & UBS Structured Products Securities Fraud Class Action Lawsuit Settlement, write to In re Lehman Brothers Equity/Debt Securities Litigation (Structured Products Litigation) Claims Administrator c/o A.B. Data, Ltd. PO Box 170707 Milwaukee, WI 53217, call 888-211-3565, email info@LehmanSPSettlement.com or visit the Lehman Brothers & UBS Structured Products settlement website at www.lehmanspsettlement.com.
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