Written by 5:47 pm Blog, Securities Fraud Articles

Recovery of BNP Paribas Buffered Return Enhanced Notes Linked to the Performance of WTI Crude Oil Dated April 28, 2014 Losses

Have you suffered losses investing in BNP Paribas Buffered Return Enhanced Notes Linked to the Performance of WTI Crude Oil Dated April 28, 2014?  If so, the securities attorneys of The White Law Group may be able to help you recover your losses in a FINRA arbitration claim against the brokerage firm that recommended the investment.

BNP Paribas Buffered Return Enhanced Notes Linked to the Performance of WTI Crude Oil Dated April 28, 2014 are Master Linked Notes (MLNs).  MLNs can be linked to a wide variety of underlying asset classes such as equities, commodities, currencies, market indices, fixed income, inflation and more.  The BNP Paribas Buffered Return Enhanced Notes Linked to the Performance of WTI Crude Oil Dated April 28, 2014 is linked to West Texas Intermediate light sweet crude oil (WTI) futures contracts traded on the New York Mercantile Exchange (NYMEX) with the settlement price determined with respect to a settlement date in the first nearby month following the relevant date, stated in U.S. Dollars, as made public by NYMEX.  The Bloomberg symbol for the Underlying Asset is “CL1 Cmdty <Comdty>”.  MLNs are also subject to the credit risk of the issuer.  WTI ended the 4th quarter of 2014 down approximately 58.5%.

Structured products are extremely complex and risky.  They are only suitable for wealthy, sophisticated retail investors or institutional investors.

Brokerage firms that sell such products are required to perform adequate due diligence on the investments to ensure a reasonable likelihood of success, and to evaluate whether the investments are suitable in light of the client’s age, net worth, investment experience, and investment objectives.  Firms that fail to perform adequate due diligence, or that make unsuitable recommendations, can be held responsible for losses in a FINRA arbitration claim.

If you suffered losses investing in BNP Paribas Buffered Return Enhanced Notes Linked to the Performance of WTI Crude Oil Dated April 28, 2014 and would like a free consultation with a securities attorney, please call The White Law Group at 312/238-9650.

The White Law Group is a national securities arbitration, securities fraud, and investor protection law firm with offices in Chicago, Illinois and Vero Beach, Florida.

For more information on The White Law Group, visit http://whitesecuritieslaw.com.

Tags: , , , , , , , , , Last modified: July 17, 2015