Did You Invest in Lloyds Banking Group plc Senior Callable CMS Steepener Notes due April 26, 2027 Medium-Term Notes, Series A (CUSIP: 5394E8AN9)?
According to Lloyds prospectus on CUSIP: 5394E8AN9:
A profit may be realized from the expected hedging activity even if investors do not receive a favorable investment return under the terms of the Notes or in any secondary market transaction. In addition, any secondary market prices may differ from values determined by pricing models used by the Selling Agent, as a result of dealer discounts, mark-ups or other transaction costs.
Investors ought to be cautious with this type of investment. According to the Financial Industry Regulatory Authority (FINRA):
If you bought the structured product known as Lloyds Banking Group plc Senior Callable CMS Steepener Notes due April 26, 2027 Medium-Term Notes, Series A CUSIP: 5394E8AN9, and it was sold to you as a safe, liquid, and/or conservative investment, and then you suffered losses, you may have a claim. Contact the attorneys at Sonn Law Group for free consultation.
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