Fannie Mae Investor Lawsuit: Own FNMA? Losses?



Did your broker recommend that you purchase Fannie Mae and Freddie Mac preferred stocks after November 2007? If you lost more than $100,000 because your broker recommended that you buy Fannie Mae or Freddie Mac preferred stocks after November 2007 we may be able to help you get money back for your losses. You must act now or lose your rights.

Did you invest in Fannie Mae preferred stocks? Did your broker recommend the investments?
Did you lose money in these investments? If you answered yes, Call us now at 1-800-934-2921

Wall Street Knew About the Risks of Fannie Mae and Freddie Mac, but Sold these Preferred Stocks to Retail Investors Anyway.

The risks of subprime market exposure for Fannie Mae and Freddie Mac were largely known in the securities industry and by broker-dealers beginning in 2007. Rather than advising its financial advisors and its clients to avoid these companies, broker-dealers profited handsomely from underwriting and investment banking fees and by selling Fannie Mae and Freddie Mac investments to clients in 2007 and 2008. All the major players on Wall Street sold these risky investments as safe income producing vehicles to retirees (UBS, Merrill Lynch, Smith Barney, Morgan Stanley, JP Morgan, Wachovia, Morgan Keegan, Stifel Nicolaus, and others)

If you lost money investing in Fannie Mae through a broker such as UBS, Merrill Lynch, Smith Barney, Morgan Stanley, JP Morgan, Wachovia, Morgan Keegan, Stifel Nicolaus, or another advisor please call Attorney Bill Kyros at 1-800-934-2921 to discuss your rights.

Kyros Law is a Boston-based law firm with significant experience representing investors in Arbitration recovery, shareholder class actions, shareholder derivative actions, and securities fraud class actions. For info about our law firm please our Kyros Law web site