HAGENS BERMAN

Date Filed: June 28, 2004
Court: District Court
Location: New York

English   Italiano  Espanol

Hagens Berman has filed a lawsuit on behalf of holders of Argentine bonds that seek compensation for several breaches of bond agreements committed by the Argentine government.

While other lawsuits representing Argentine bondholders have been filed in the United States and moved forward by the courts, this is the first lawsuit to represent all individual investors.

Any investor in Argentine stocks, including foreign investors outside of the United States, can participate in the lawsuit, unless the investor is already involved in litigation.

The suit argues that Argentina has defaulted on the bonds in several ways, including declaring a moratorium on the payment of principal and interest in December 2001 and officially postponing the payment of debt to private creditors in April 2002. These defaults give bondholders the right to legal action to recover damages caused by Argentina's default.

Investors and analysts have been concerned about the country's approach to the bond debt since the country announced the default in 2001.

This suit seeks to force the Argentine government to honor its agreement with investors, and return the monies invested in Argentine bonds with the promised returns, as well as to pay damages.

Bondholders who believe they may have a legal claim can contact the firm by clicking here.

Updates:

June 8, 2011 - A judge has certified a class of bondholders and ordered that they be notified of the pending litigation.

        

Related Documents

	Appendix to Class Notice
	Exclusion Form
	Notice of Pendency of Class Action
	Summary Notice - Spanish
	Exclusion Form
	Summary Notice - English
	Exclusion Form - Web