Exchange Traded Notes on Portfolio Margin
If You Lost Money, You May Be Eligible To File A Lawsuit
If you suffered losses investing in Exchange Traded Notes using portfolio
margin at Interactive Brokers, LLC, we have an important message for you.
Interactive Brokers, sometimes just called IB for short, is one of the
largest online brokerage firms in the United States. For the last ten
years, IB has allowed its customers and its customers’ financial
advisers to use a complicated trading strategy called Portfolio Margin.
Portfolio Margin trading is permitted, but there are strict rules in place
to protect investors from suffering crippling losses. We believe that
IB does not follow those rules properly, and we believe that IB knew it
was in violation of the rules and specifically ignored guidance from the
securities regulators. Many IB investors have suffered major losses in
their Portfolio Margin accounts; in some cases, those investors have lost
The investment fraud lawyers of Meyer Wilson, LPA have teamed up with the
law firm of Shepherd, Smith, Edwards and Kantas, LLP, who were the first
to file cases for investors at IB involving this problem. Our legal team
is at the forefront in holding IB accountable and helping investors recover
their losses. Our team is in the process of filing a class action lawsuit
in federal court in New York City against IB to decide certain questions
that are common to all similarly situated investors and to force IB to
follow the rules. Our team is also representing investors in individual
FINRA arbitration cases. In these cases, we are helping those investors
pursue the recovery of the money they lost as a result of what we believe
to be improper Portfolio Margin trading. While past successes are not
a guarantee of future results, members of our team already obtained a
$2 million FINRA arbitration award against IB on behalf of one family,
and we have many more cases in the pipeline.
If you or your financial advisor made Exchange Traded Note investments
with IB using Portfolio Margin, and you lost money, we want to talk to
you. Together, and at no charge to you for an initial consultation, we
can help you figure out what your options are and explain how we can best
help you protect your legal rights and work to get back what you have lost.
Please contact us by filling out the web form on this page, or feel free to just call us toll-free at (888)-390-6491. We look forward
to hearing from you.