Puerto Rico defaulted on July 1, 2016 on $1 Billion dollars of triple tax free Puerto Rico municipal bonds sold in all fifty states or overseas. The default included $819 Million in principal and interest on General Obligation (G.O.) bonds including CUSIP numbers: 745143,745144,745145, and 74514L.
How Investors May Recover Puerto Rico municipal bonds losses
Investors with tax free Puerto Rico municipal bonds may be eligible to file claims against their broker.
Did your broker explain the risk of loss in tax free Puerto Rico municipal bonds?
Did your broker recommend holding tax free Puerto Rico municipal bonds in your accounts?
If the answer is "yes" you may have a claim against your broker to recover losses, you sustained.
For a free case evaluation for investors who purchased or held tax free Puerto Rico municipal bonds based on the recommendation of their broker and/or investment advisor, contact the law firm of Mark A. Tepper P.A., at firstname.lastname@example.org or telephone 954-961-0096.
About Mark A. Tepper, P.A. (www.MarkTepper.com)
Attorney Mark A. Tepper is the former Chief Trial Counsel at the New York Attorney General's Bureau of Investor Protection and Securities. He has earned the reputation of "Investor Advocate" while practicing law for over 35 years representing individual investors. FINRA arbitrators have upheld stockbroker fraud claims filed by Mr. Tepper against many brokerage firms. A member of the Florida, New York and California Bars, Mr. Tepper is peer-reviewed for 16 consecutive years, AV PREEMINENT® for ethical standards and legal ability, the highest rating of lawyers in the Martindale-Hubbell Law Directory.
Mark Hopkinson, NewsMark Public Relations
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/puerto-rico-municipal-bonds-investor-alert-from-law-firm-of-mark-a-tepper-pa-300297158.html
SOURCE Mark A. Tepper, P.A.