Two structured investment products arranged by Morgan Stanley are set to lose some $26 million following a ratings downgrade on the underlying assets in the Pinnacle Notes Series 9 and 10.

ATTENTION PINNACLE NOTES SERIES 9 AND 10 INVESTORS

These two products face a mandatory redemption event. The assets of the notes will be sold, with investors receiving a ‘pro-rata share’ of any proceeds. According to information posted on Morgan Stanley's Web site, it's unlikely those proceeds will materialize. Morgan Stanley says “Given the current market values of the underlying assets and the credit default swap transaction, we anticipate that investors will lose all of their original principal investment.”

Pinnacle Notes Series 9 and 10 are linked to: synthetic collateralized debt obligations (CDOs), which now has a junk rating. This disaster is also attributed to several of the financially ruined companies that the products had ties to, including Fannie Mae, Freddie Mac and Lehman Brothers Holdings.

If you suffered losses from an investment in these securities described above, sold to you by a brokerage firm, call attorney Lars Soreide of the Soreide Law Group today. Lars Soreide represents investors that were defrauded by their brokerage firms accross the US before the Financial Industry Regulatory Authority. Call 888-760-6552: No fee if no recovery, clients responsible for costs (such as filing fees). It is our pleasure to review your case for free.