The Meissner firm has received calls and is currently investigating potential claims by small community banks and others regarding losses suffered as a result of recommendations by Shay Financial Services, Inc., regarding the purchase of Asset Management Funds. The AMF Funds include the U.S. Government Mortgage Fund (ASMTX), Intermediate Mortgage Fund (ASCPX), Short U.S. Government Fund (ASITX), Ultra Short Mortgage Fund (ASARX), and the Ultra Short Fund (AULTX). The AMF Funds suffered severe losses due to over-concentrated investments in speculative illiquid assets and leveraged structured products. Such investments may have been unsuitable or misrepresented to you as a result of the firm’s failure to properly disclose the risks associated with the investments made in the AMF Funds and you may have legal recourse to recoup losses suffered as a result of such investments.
Further, the Meissner Firm has received calls and is currently investigating misrepresentations and failures to disclose material information by Shay Financial Services, Inc., with regards to the following Collateralized Mortgage Obligations (CMO’s):
If you were marketed or purchased any of the aforementioned products, and believe you were misled or sold unsuitable products, please contact the Meissner firm, which is nationally known for its record win statistics in FINRA Arbitration, for a free consultation.