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Margin Abuse Attorneys
Shepherd Smith Edwards and Kantas Continue to Investigate Oppenheimer PEP Losses. Contact Our Savvy Margin Abuse Attorneys To Request Your Free Case Consultation
If you are someone whose Oppenheimer financial advisor marketed and recommended the brokerage firm’s Portfolio Enhancement Program (PEP), and you have since suffered related investment losses, Shepherd Smith Edwards and Kantas (investorlawyers.com) would like to talk to you. Unfortunately, it seems that a significant number of wealthy investors may not have been fully apprised of the risks involved in this proprietary program.
Oppenheimer PEP is now closed but not before investors reportedly suffered serious losses. Marketed as a hedged investment that provided a chance for participants to supposedly make an additional 5% if they borrowed money on margin, the minimum investment allowed was $1.25M. Many who got involved thought they were giving themselves a chance to generate a passive stream of income.