Soreide Law Group is currently investigating the sale of Peabody Retirement Community bonds. The Peabody Retirement Community filed a voluntary Chapter 11 restructuring case on June 24, 2013, in the U.S. Bankruptcy Court for the Southern District of Indiana. This restructuring could result in a default which would then cause the bonds, originally issued in August 2002, to lose their value.
The Peabody Retirement Community bonds were recommended and sold through B.C. Ziegler and Co. and others. They were primarily used to fund the construction of a skilled nursing center, a memory care center and an assisted living facility at the North Manchester retirement community.
If you invested in The Peabody Retirement Community bonds recommended and sold by B.C. Ziegler and Company, or other broker/dealers, call Soreide Law Group, for a free consultation on how to potentially recover your losses. To speak with an attorney, call 888-760-6552.
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.