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Hi
Like to seek advice, I invested
60K in PN6. The bank I bought from wants to compensate me 12K which is only 20%. Should I accept their offer or go for adjudication.
What is the chance of success at adjudication. I agreed to the 50K limit at Fidrec
ReplyI think you should negotiate with them before going to Fidrec. A few examples here where they start off with the lowest offer and then accept counter proposal by investors. Of course, this will depend on the merits of your case.
ReplyHi Pinky,
You can contact the person listed here:
http://tankinlian.blogspot.com/2010/03/contact-person-for-kirby-mcinerney.html
ReplyI personally believe this is a scam.
First it was 9 and 10. Then 1, followed by 3. Now it is 6 and 7.
I too was conned into buying series 3 of the notes. I noticed a quick series of credit events that came in just a few months that bankrupted the series.
The same thing happened to series 6 and 7.
Why do I say that it is scam? It is up to them to quote the companies that the notes is linked to. As investors, we do not have any info till morgan stanley tells another company related to the notes have gone bust.
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