NEW YORK – Investors who purchased Argentine bonds involved in a national class-action lawsuit are urged to fill out a proof of claim form online to recover their losses following a court order, according to Hagens Berman, law firm representing the class of bond holders.

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

To determine whether you are a member of the class in this case, and therefore should complete a proof of claim form, you need to meet each of the following criteria:

• You purchased a beneficial interest in the Republic of Argentina European Medium Term Note bond with a coupon rate of 9.25 percent and a maturity date of July 20, 2004, and which bears the ISIN XSO113833510;
• You purchased that interest on or before Dec. 19, 2006;
• You have held that interest from Dec. 19, 2006 continuously through the present;
• You did not previously opt-out of the class, or exchange your interest in the bond in one of the two exchange offers conducted by Argentina. 

If you meet each of the criteria above, please complete a proof of claim form, which can be filled out and submitted online here. All submissions must be received no later than Feb. 29, 2016.

In December 2006, Hagens Berman filed a lawsuit on behalf of holders of the defaulted Republic of Argentina European Medium Term Note bond with a coupon rate of 9.25 percent and a maturity date of July 20, 2004, and which bears the ISIN XSO113833510 (the Bond), following the Republic of Argentina’s default on all of its external indebtedness in December 2001. In June 2011, the court certified a class of all those who purchased their interests in the bond on or before Dec. 19, 2006.

An evidentiary hearing on damages is scheduled for April 2016 to determine the amount of damages Argentina owes to the class.

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About Hagens Berman
Hagens Berman Sobol Shapiro LLP is a consumer-rights class-action law firm with offices in 10 cities. The firm has been named to the National Law Journal’s Plaintiffs’ Hot List eight times. More about the law firm and its successes can be found at www.hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw.

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