Securities Attorney Joe Peiffer Investigating Improper Equity-Linked Securities Sales

Securities attorney Joe Peiffer is investigating improper sales to investors of certain structured products called equity-linked securities (“ELKs”).

Equity-linked securities are investment products that are sometimes included in speculative investment strategies recommended by investment professionals to their customers.  Such investment strategies may be improper for some members of the investing public, given such investors’ risk profile and investment objectives.

“Securities broker-dealer firms have a duty to recommend to their customers only investment products that are suitable to such customers’ investment objectives and risk profile,” said attorney Joe Peiffer.

Structured investment products such as ELKs can be very risky are are typically not appropriate recommendations for older investors who need to conserve their principal,” said attorney Joe Peiffer.

Joe Peiffer is investigating whether certain equity-linked securities were appropriate investments for the investors to whom they were sold by investment professionals affiliated with a number of financial service companies.

Investors who purchased structured investment products and believe such products were not appropriate for their investment objectives or risks accompanying such investments were not fully disclosed may contact attorney Joe Peiffer for a free evaluatoin of their options to receive compensation for any losses, at (216) 589-9280.

This blog is for general information only. It does not, and is not intended to, include any legal advice. We enter into attorney-client relationships only pursuant to written agreements signed by both parties. Nothing in this blog shall be construed to be an offer to provide legal services or a solicitation of an attorney-client relationship.

Peiffer Wolf (1302 Posts)


In our legal system, every person is innocent until and unless found guilty by a court of law or a tribunal. Whenever we reference “allegations” or charges that are “alleged,” such allegations or charges have not been proven, and are merely accusations, not findings of fault, as of the date of the blog. We do not have, nor do we undertake, a duty to continue to monitor or follow cases about which we report, and/or to publish subsequent blogs regarding various developments that may occur in such cases. Readers are encouraged to conduct their own research regarding any such cases and any developments that may or may not have occurred in such cases.