Puerto Rico’s bond default crisis has resulted in considerable losses for many different investors. COFINA bondholders, who were often promised by their brokers, broker-dealers, and[…]
Puerto Rico Bond News & Updates
In September 2013, Puerto Rico’s municipal tax-free bonds began to decline sharply in value. Since then, investors have lost billions of dollars, and the commonwealth’s financial condition has continued to worsen. Find out what happened, why current bond investors are still at risk, and what you can do if you have suffered losses in Puerto Rico bonds or bond funds. If you sustained losses in excess of $100,000 in Puerto Rico, you may be entitled to recover your losses.
Please call our firm immediately at (305) 912-3000 for a free consultation.
Puerto Rico’s bond default crisis continues to make major headlines in 2017. As many more customer disputes are set to go before FINRA arbitration panels,[…]
This article was originally published by Reuters.com. Bankruptcy for Puerto Rico is looking ever more likely as the clock ticks down toward a May 1[…]
This article was originally published by Moodys.com. NOTE: On April 10, 2017, the list of affected credit ratings accessible via hyperlink from this press release[…]
The Puerto Rico bond default has resulted in unfortunate (and largely avoidable) financial losses for far too many innocent investors. The crisis dates back several[…]
This article was originally published by InvestmentNews.com. UBS Financial Services Inc. has lost yet another multi-million dollar Finra arbitration award stemming from the sale of[…]
A general obligation bond is a form of debt that is issued by municipal governments. If a government body has tax power, whether it is[…]
This article was originally published by Reuters. Puerto Rico’s so-called COFINA bondholders allege that around $3.5 billion of the island’s general obligation (G.O.) debt is[…]
In the fall of 2013, the value of Puerto Rico’s municipal bonds began to decline sharply. By the August of 2015, the Puerto Rican government[…]
The following article was originally published by Bloomberg.com. Puerto Rico general-obligation bonds fell after the federal oversight board approved a financial recovery plan that will[…]