San Diego, CA -- (SBWIRE) -- 06/27/2016 -- An investigation on behalf of investors of Merrill Lynch Strategic Return Notes over potential securities laws violations b in connection certain financial statements was announced.

Investors who purchased Merrill Lynch Strategic Return Notes, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.

The investigation by a law firm focuses on possible claims on behalf of purchasers of Merrill Lynch Strategic Return Notes concerning whether certain statements regarding Merrill Lynch Strategic Return Notes were materially false and misleading at the time they were made.

On June 21, 2016, it was reported that the Securities and Exchange Commission ("SEC") is preparing a civil enforcement action against Merrill Lynch, the brokerage arm of Bank of America. The action reportedly relates to "Strategic Return Notes" that Merrill Lynch sold in 2010, which, since being sold, have lost nearly 95% of their value. According to the report, "the five-year notes lost value rapidly after they were issued, as market volatility fell and the cost of buying the options upon which the notes were based rose sharply." Two former Merrill Lynch brokers allege that they were never warned that the underlying roll costs that caused the decline in value could grow so large.

Those who purchased Merrill Lynch Strategic Return Notes have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com