N🟁N

NEW YORK--([ BUSINESS WIRE ])--The Securities Arbitration Law Firm of Klayman & Toskes (aK&Ta), [ www.nasd-law.com ], announced today that it is investigating claims on behalf of Lloyds Banking Group, PLC (aLloydsa) (NYSE: LYG) shareholders who sustained investment losses due to an over-concentration of shares in Lloyds. K&T recently filed a securities arbitration claim against Citigroup Global Markets, Inc. n/k/a Morgan Stanley Smith Barney (aMSSBa), on behalf of two retirees who sustained damages of about $4,000,000 as a result of holding a concentrated position in Lloyds stock. The claim was filed with the Financial Industry Regulatory Authority (aFINRAa) Arbitration Department.

According to the Claim, by late 2007 the Claimantsa MSSB accounts held a concentrated position of 101,000 shares of Lloyds. As unsophisticated investors, the Claimants did not understand and/or appreciate the risks associated with single-stock concentration. Unfortunately, despite having a duty to do so, MSSB failed to protect the concentrated Lloyds stock position through the use of available risk management strategies, like a collar, protective put options, stop loss orders and/or an exchange fund. Moreover, MSSB failed to explain to the Claimant the risks associated with holding a concentrated stock position.

Current and former Lloyds shareholders who have sustained investment losses as a result of holding a concentrated position in Lloyds stock can contact K&T to explore their legal rights and options. This includes current and former employees of Lloyds who received the stock as a form of compensation. The attorneys at K&T are dedicated to pursuing claims on behalf of investors who have suffered significant investment losses. K&T, an experienced, qualified and nationally recognized securities litigation law firm, practices exclusively in the field of securities arbitration and litigation. It continues its representation of investors throughout the world in securities arbitration and litigation matters against major Wall Street brokerage firms.

If you wish to discuss this announcement or sustained losses of $750,000 or more as a result of holding a concentrated position in Lloyds, please contact Steven D. Toskes or Jahan K. Manasseh of Klayman & Toskes, P.A., at 888-997-9956, or visit us on the web at [ http://www.nasd-law.com ]