The Community Bank Advisors Group was established for the express purpose of aiding small and medium size banks in recouping losses that were suffered with complex securities holdings and portfolios. The products that have entered the marketplace in the last twenty years have grown increasingly complex and opaque. The major banks and financial institutions that create these products are often the only ones with the capacity and knowledge of the underlying risks and mechanics behind them, yet they have regularly failed to warn or disclose many of those factors. As a result, many community and regional banks have unintentionally held incredibly speculative positions without realize or intending to do so. When the market for that product collapses, the consequences are often devastating, affecting the bank and the thousands of individuals who rely upon it for their personal and professional banking needs.
The attorneys with the Community Bank Advisors Group have the necessary experience to aggressively pursue the available legal options, whether in arbitration, state court, or federal court. The legal team consists of attorneys, consultants, and staff with over 100 years of combined experience in securities and securities law, including experience working to recover losses suffered in complex securities and products such as collateralized mortgage obligations (CMOs), collateralized debt obligations (CDOs), collateralized loan obligations (CLOs), synthetic CDOs, credit swaps, and others. If you represent a community or regional bank that has suffered losses holding these or other complex or derivative securities, contact the Community Bank Advisors Group for a free, no obligation consultation of your legal options.
Shepherd Smith Edwards & Kantas LLP
Investigating Claims Involving SBA Related Securities Purchased Through Morgan Keegan & Co.
- Banks Were Also Victims of Toxic Debt and Overrated CDOs, Contends US DOJ It wasn't just investors that suffered during the toxic debt crisis. According to the United States Department of Justice, Bank of America Corp. ....