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14 Feb 2020, 7:22 am by Renae Lloyd
Puerto Rico Bondholder Bankruptcy Update Commonwealth reaches agreement with Puerto Rico Bondholders this week. [read post]
16 Jan 2019, 10:20 am by Renae Lloyd
According to reports yesterday, the board that oversees Puerto Rico’s finances stated this week that the debt includes all general obligation bonds (GO Bonds) that were issued in 2012 and 2014 in “clear violation” of debt limits established by Puerto Rico’s Constitution. [read post]
2 Jul 2015, 11:17 am by Adam Nicolazzo
While clearly many investors are and will continue to be harmed in this market, the pain is likely to be harder felt by two sets of victims of UBS’s closed-end bond funds that are tied to debt issued by PREPA, other utilities and Puerto Rico’s general obligation bonds. [read post]
Puerto Rico Bond Fraud Cases That is why our Puerto Rico bond fraud lawyers and closed-end bond fund attorneys have been working with clients on the U.S. mainland and the island to file claims against broker-dealers such as Santander Securities (SAN), Banco Popular, and UBS Puerto Rico (UBS-PR). [read post]
23 Jul 2015, 7:00 am
Due to general-obligation bonds being protected by the commonwealth’s constitution, Puerto Rico can’t fall back on bankruptcy to wipe away the growing debt. [read post]
5 Feb 2019, 5:55 pm by ccollins
If you have invested in Puerto Rico debt or bond funds based on the recommendation of a financial advisor and have since sustained substantial losses, please call our Puerto Rico investment fraud attorneys today for a free, no obligation consultation. [read post]
31 Jan 2013, 6:53 am by mbuhalo
HeinOnline has compiled state Attorney General Reports and Opinions from all 50 states plus Puerto Rico and the Virgin Islands. [read post]
30 Jun 2015, 3:52 pm by D. Daxton White
If you suffered losses in a Puerto Rico bond or bond fund and would like a free consultation with a securities attorney, please call The White Law Group at 312-238-9650. [read post]
20 May 2014, 7:02 am
UBS allegedly generated tens of millions of dollars of extra fees by selling those unsuitable Puerto Rico government bonds, which it underwrote, and which it should have known were risky given the economy’s instability. [read post]
25 Aug 2017, 12:51 pm by Renae Lloyd
If you suffered losses investing in Puerto Rico COFINA Bonds, the attorneys at The White Law Group may be able to help you recover your losses by filing a FINRA Arbitration claim against the brokerage firm that recommended the investment to you. [read post]
17 Oct 2014, 10:12 am by Lax & Neville LLP
The original investment objective was to benefit from the tax advantages that these securities offer, but Puerto Rico’s economic woes have caused the devaluation of municipal bond funds generally. [read post]
27 Apr 2016, 9:03 am by D. Daxton White
If you suffered losses in Puerto Rico municipal bond funds and would like to discuss your litigation options, please call the securities attorneys of The White Law Group at 1-888-637-5510 for a free consultation. [read post]
16 Oct 2013, 6:11 am by D. Daxton White
  The Investment News’ report quotes a UBS spokesperson that stated, “General weakness in municipal markets in the U.S. and Puerto Rico, and apprehension about the direction of interest rates have led to steep declines in Puerto Rico municipal bond and closed-end fund prices, and a lack of liquidity for these securities. [read post]
11 Oct 2013, 7:00 am by Mark Astarita
Our office has learned that at least one State Attorney General is requesting information from multiple brokerage firms regarding the possible use, or overuse, of municipal bonds from Puerto Rico as part of their proprietary mutual funds. [read post]
14 Jun 2017, 5:30 am by Ed. Microjuris.com Puerto Rico
After the DOJ rejected the first ballot because it did not include the current status, among other objections, the Puerto Rican Legislature amended the plebiscite law and resubmitted it to the Attorney General. [read post]