Comments on: Filing of Minibond Claim With US Trustee

By: lioninvestor

lioninvestor — Tue, 16 Jun 2009 00:29:49 +0000

Hi David,

Hard for anyone to comment without knowing the specifics of your case.

How were you sold the product? Was there misrepresentation? Was there any documentation?

With FIDRec, you might only be able to limit your claim to $50k unless the FI allows. Which is already close to what they are offering now.

By: David

David — Mon, 15 Jun 2009 10:47:51 +0000

I just received an offer 25% of 180,000(series 9) by HL. I am at lost to take up the offer or goes to FIDREC court.

I hope someone advice.

Thanks
Help.

By: lioninvestor

lioninvestor — Tue, 02 Jun 2009 00:51:49 +0000

Hi trymyluck,

Other than wait for things to be resolved, I think there isn’t much we can do at this moment.

By: trymyluck

trymyluck — Mon, 01 Jun 2009 17:10:46 +0000

Dear lioninvestor

I filed my claim online yesterday to
SIPC for the remaining 40,000 Minibond notes (10,000 had been bought over by my FI) and immediately got a return acknowlegement. So, what next?

trymyluck

By: lioninvestor

lioninvestor — Sun, 31 May 2009 14:49:38 +0000

Hi Kathy,

There are a couple of legal groups being organised. Here is one of them:

http://www.miagsg.com/