Soreide Law Group has launched an investigation on behalf of clients wishing to file claims against Merrill Lynch, Pierce, Fenner & Smith regarding the sale of the Bank of America Strategic Return Notes. Dozens of investors have already filed law suits.
The Strategic Return Notes are unsecured debt securities. These securities are linked to the Volatility Index. Bank of America issued the Strategic Return Notes through Merrill Lynch. In one year these notes have lost over 50%. Investors, in several instances, were not told by their Merrill Lynch brokers the risks involved with these highly volatile, alternative investments that hedge against the market. These high-risk, complex, and high commissioned investments are suitable only for those investors who not only understand their complexity but the volatility as well.
If you were a Merrill Lynch client and your broker recommended the purchase of the high-risk and volatile, Bank of America Strategic Return Notes, contact Soreide Law Group and speak with an attorney regarding the possible recovery of your financial losses at: 888-760-6552.
Soreide Law Group represents clients nationwide before FINRA. We work on a contingency fee at no cost to you unless there is a recovery.
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