Losses in Adjustable Rate Certificates of Deposit (CDs) and Steepeners
Aidikoff, Uhl & Bakhtiari announces that the firm is investigating financial service firms that recommended adjustable rate Certificates of Deposit or Steepeners to their clients.
The firm believes that Steepeners, adjustable rate Certificates of Deposit and other structured notes may have been marketed to investors as low risk fixed income options. Many investors were likely not adequately informed of the risk involved in purchasing and holding these products.
In 2018 the Yield Curve measured by different United States Treasury obligations remained flat or inverted. The flat or inverted yield curve negatively impacted the value of investments in Steepeners, adjustable rate Certificates of Deposit and other structured notes. Investors now face significant losses.
Products may include:
- BNP PARIBAS Structured Notes
- Callable CMS Spread Notes
- Callable Interest Rate Spread CDs
- Callable Quarterly CMS Spread-Linked Notes
- Credit Suisse Structured Notes Market-linked CDs
- HSBC Callable Leveraged Steepener Notes
- JP Morgan Chase Return Optimization Notes
- JP Morgan Target Term Securities
- Leverage Callable CMS Curve Linked Notes
- Merrill Lynch Strategic Return Notes
- Structured CDs
If you are an investor that lost more than $100,000 in Adjustable Rate Certificates of Deposit (CDs), Steepeners or other structured products you should consider all legal options. If you wish to discuss your particular situation and the potential for the recovery of your investment losses, or you have information of interest, please contact us for an evaluation of your potential case.