Via International Advisor, I hear about this. Apparently, a class action law firm are trying to contact us fellow investors. However, it’s not at all clear how they are doing so. I haven’t heard anything, and they don’t seem to have any discernible online presence, either.
Their quoted advice is worth repeating:
Typically investors are told of exaggerated returns, low risks and various guarantees, LM is no exception to this rule. Funds in overseas schemes which are unregulated are high-risk, offer no access to redress for investors through regulatory means and are ultimately difficult to verify or value. Caution should always be taken when entering into such volatile products, and they are a definite no-go for retail clients.