Legal Recovery of Losses
from Credit Suisse First Boston for
Enhanced Income Notes and Structured
Investments
Investor Lawsuit
Gilman and Pastor LLP is representing
persons and institutions who purchased
Credit Suisse First Boston structured
investments which were represented as
protecting investors’ full principal
investments, from December 15, 2005
through the present date. Plaintiffs
allege that Credit Suisse and other
parties deceived investors as to the
risks of investing in the structured
investments. These Credit Suisse
investments include but are not limited
to the following:
You may recover for
losses in Credit Suisse structured
investments that were marketed as 100
percent principal protected
Gilman
and Pastor is currently pursuing
investor complaints that certain
brokerage firms, financial institutions
and entities misled their clients into
purchasing these purported fully
principal protected notes, through
assurances that their principal
investment would be fully protected.
Certain financial institutions including
ABN AMBO Bank N.V., AIG, Bank of
America, Barclays Bank, Bear Stearns,
Charles Schwab, Citigroup, Countrywide
Securities, Credit Suisse, Deutsche
Bank, E-Trade, Harris National
Association, Incapital LLP, JP Morgan
Chase, Lehman Brothers, Merrill Lynch,
Morgan Keegan, Morgan Stanley, RBC Royal
Bank, Societe Generale, Sun Trust Bank,
UBS, Wachovia Corporation and other
companies marketed and are alleged to
have sold principal protected notes to
their clients, specifically targeting
conservative, risk-averse investors who
were seeking to preserve their capital
and generate income. In fact, these
notes subjected investors to
significantly more risk than was
disclosed. Holders of these principal
protected notes (PPNs) face losses, in
some cases, of their entire principal
investment, unless they file a
litigation claim.
The
issuers, underwriters and sellers owed a
duty to the investors to make a
reasonable and diligent investigation of
the statements contained in the Offering
Materials to the investors at the time
they became effective to ensure that
such statements were true and correct
and that there was no omission of
material facts required to be stated to
make the statements contained therein
fair and accurate. The issuers,
underwriters and sellers allegedly did
not make a reasonable investigation or
possess reasonable grounds for the
belief that the statements contained in
their respective Offering Materials were
true or that there was no omission of
material facts necessary to make the
statements made therein not misleading.
The
issuers, underwriters and sellers
allegedly issued and disseminated,
caused to be issued and disseminated,
participated in the issuance and
dissemination of, material misstatements
to the investing public contained in the
Offering Materials, which represented or
failed to disclose, interalia
the facts set forth above. By reason of
the conduct alleged herein, each
defendant violated Section 11 of the
Securities Act.
The Sales
Agents for these offerings were
obligated to make a reasonable and
diligent investigation of the statements
contained in the Offering Materials to
ensure that such statements were true
and that there was no omission of fact
required to be stated in order to make
the statements contained therein not
misleading. The Sales Agents failed to
make a reasonable investigation or
possess reasonable grounds for the
belief that the statement contained in
the Offering Materials were accurate and
complete in all material respects.
The
investors did not know, nor would they
have known, of the untruths or omissions
contained in the Offering Materials.
If you want to recover your losses
concerning principal protected notes and
wish to learn more about our
investigation, please fill out the form
on the right.
This
video emphases the egregious nature of
the fraud committed upon the investors.
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Information entered in the form will be
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to assist in your case investigation.
Why Gilman and Pastor, LLP?
Gilman
and Pastor is a national litigation firm
specializing in securities litigation,
consumer class actions and complex
business litigation. For 30 years our
attorneys have recovered more than a
billion dollars on behalf of our
clients.
Gilman
and Pastor’s managing partner, Kenneth
G. Gilman has extensive experience over
the last 25 years in recovering funds
related to fraudulent Ponzi schemes. In
1985, Mr. Gilman was appointed by the
United States District Court for the
Southern District of Florida, as the
Equity Receiver, to marshall and recover
funds arising out of the massive Ponzi
scheme known as the Intercontinental
Commodity Pool Fraud. Mr. Gilman
pursued and recovered assets for
investors from all responsible parties,
including the firm’s auditors. He also
worked with the Department of Justice,
international authorities in Switzerland
and the Cayman Islands to penetrate bank
secrecy laws and locate funds to which
the investors were entitled. He also
worked with the U.S. Prosecutors to make
certain that those who perpetrated the
securities fraud were sentenced to jail
for their crimes.
From
1982 through 1985, Mr. Gilman also
represented the Receiver in the massive
nationwide Lloyd Carr Ponzi scheme. As
part of that representation, he pursued
responsible third parties as special
counsel for the Department of Justice in
Massachusetts Federal Court and in
litigation nationwide.
WE ARE
PURSUING CLAIMS AGAINST CREDIT SUISSE
FIRST BOSTON FOR THE SALE OF THESE
REFERENCED STRUCTURED INVESTMENTS.
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email to Gilman and Pastor LLP, does not
create an attorney-client relationship
between you and Gilman and Pastor LLP.
