Bank of Nova Scotia’s Callable Steepener Notes, Series A (Cusip: 064159CP9)

Did You Invest in Bank of Nova Scotia’s Callable Steepener Notes, Series A (Cusip: 064159CP9), due July 29, 2033?

According to Bank of Nova Scotia’s Callable Steepener Notes, Series A (Cusip: 064159CP9):

The Callable Steepener Rate Notes, Series A Due July 29, 2033 (the “Notes”) offered hereunder are unsecured obligations of The Bank of Nova Scotia and are subject to investment risks including possible loss of the Principal Amount invested due to the credit risk of The Bank of Nova Scotia. As used in this pricing supplement, the “Bank,” “we,” “us” or “our” refers to The Bank of Nova Scotia.

Investors ought to be cautious with this type of investment. According to the Financial Industry Regulatory Authority (FINRA):

If you bought the structured product known as Bank of Nova Scotia’s Callable Steepener Notes, Series A (Cusip: 064159CP9), Due July 29, 2033, and it was sold to you as a safe, liquid, and/or conservative investment, and then you suffered losses, you may have a claim. Contact the attorneys at Sonn Law Group for free consultation.

Image credit: Ken Lund via Flickr