Norwegian Firm Sued Over Structured Products

Eksportfinans, the Norwegian financial services company, has been slapped with a class action over structured products it sold mainly to elderly investors.

  • 16 Jul 2010
Eksportfinans, the Norwegian financial services company, has been slapped with a class action over structured products it sold mainly to elderly investors. Filed in U.S. District Court in Manhattan, the suit charges that the enhanced reverse exchangeable securities with contingent downside protection it offered were “nothing more than ...

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