MURRAY, FRANK & SAILER LLP FILES CLASS ACTION ON BEHALF OF ARGENTINA BONDOLDERS
New York, NY, January 14, 2005 - Murray, Frank & Sailer LLP announces that it recently filed a class action lawsuit on behalf of all persons who owned bonds with an ISIN of XS0086333472 issued by the Republic of Argentina from the period December 23, 2001 to present and who have been injured by Argentina’s default.
Read the Complaint
Furthermore, Murray, Frank is investigating possible claims on behalf of owners of Argentina bonds with the following ISINs or CUSIPS:
The complaint filed on behalf of persons who owned the XS0086333472 bonds alleges that the Republic of Argentina defaulted on approximately $88 billion of bonds the country issued and guaranteed from the period of 1998 to 2001. In particular, on December 23, 2001, Argentina breached its express promise to pay principal and interest on its bonds when it declared a moratorium on the payment of all principal and interest. In so doing, Argentina defaulted on its bonds. Since then Argentina has refused to pay and instead has tried to force bondholders to take a settlement. As a result of Argentina’s default, thousands of Argentina bondholders have been injured.
Murray, Frank & Sailer LLP and its predecessor firms have devoted its practice to shareholder class actions and complex commercial litigation for more than thirty years and have recovered hundreds of millions of dollars for shareholders in class actions throughout the United States.
If you own any of the bonds listed above and would like to discuss this action, this announcement, or your rights and interests, please contact plaintiff’s counsel Eric J. Belfi of Murray, Frank & Sailer LLP.
Eric J. Belfi, Esq.
Murray, Frank & Sailer LLP
275 Madison Avenue
New York, NY 10016
Fax: (212) 682-1892
Email: [email protected]