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Are You STILL Underwater from Your UBS YES Strategy Investment?

July 2, 2021 Blog

The UBS yield enhancement strategy (YES) was not what the firm’s brokers promised. While brokers told their clients that the YES strategy offered a low-risk way to earn stable returns, in fact, it was a high-risk strategy that was doomed for failure. Since the issues with the UBS YES strategy were first uncovered, many investors have filed successful claims to recover their losses. If you are underwater from your UBS YES strategy investment, you still have time to file a claim as well.

There is Still Time to Recover Fraudulent UBS YES Strategy Losses

Under federal securities laws, brokers at firms such as UBS have a duty to provide suitable investment advice to their clients. This means that they must have a clear understanding of both (i) the risks associated with individual investments, and (ii) their clients’ individual risk tolerances and investment objectives. Our investigations have revealed that many UBS brokers had an incomplete understanding of the yield enhancement strategy (at best) and that they often recommended the YES strategy even though it was not well-suited to their clients’ portfolios.

Brokers also have a duty to put their clients’ interests first. They cannot recommend investments – and certainly not unsuitable investments – solely for the purpose of generating fees and commissions. Yet, it appears that this is exactly what many UBS brokers did when it came to the YES strategy. The fact that many UBS brokers did not have their clients’ interests in mind became particularly clear when they continued recommending the YES strategy despite the fact that the assumptions underlying the strategy (i.e. relative market stability) had failed.

Do You Have a Claim Against UBS?

Due to the pervasiveness of these issues, many yield enhancement strategy investors have valid claims against UBS for investment fraud. UBS brokers took advantage of many of the firm’s clients, and the firm failed to take the necessary steps to prevent this from happening.

So, do you have a claim against UBS? Here are three key questions:

  • Did you invest in the UBS YES strategy between 2015 and 2021?
  • Have you lost money with the UBS YES strategy?
  • Did you rely on your UBS broker’s advice when investing in the YES strategy?

If your answer to each of these questions is “Yes,” you may have a claim against UBS. Our attorneys are already representing dozens of UBS YES strategy investors, and we can use the insights we have gained from pursuing claims against UBS to help you seek full recovery for your YES strategy losses.

Talk to an Attorney at Zamansky LLC about Filing a Claim Against UBS

If you suffered losses investing in the UBS yield enhancement strategy, we want to hear from you. Our attorneys will thoroughly assess your legal rights; and, if UBS took advantage of you, we can help you pursue a claim in FINRA arbitration. To speak with a senior investment fraud attorney at Zamansky LLC in confidence, call 212-742-1414 or tell us how we can contact you online now.

Client Reviews

“Jake Zamasky and his colleagues represented me in a FINRA arbitration case against a large multinational bank and succeeded in obtaining an award for the full amount of my investment losses. I would highly recommend the Zamansky firm for their experience in securities litigation, their level of detailed research and case preparation, and their ability to effectively fight for what’s right.”

Richard R.

“Throughout my entire case, Jake Zamansky was incredibly responsive and spent time walking me through each step of the process. He is professional and worked with my challenging schedule, even meeting with me nights and on weekends. He knew exactly which turn to take when it came to my case and yet was respectful of any decisions I wanted to make resulting in a positive outcome.”

Donald A.

“Jake Zamansky and his firm represented me in a FINRA arbitration case to recover investment losses. Jake and his team were very professional and worked very hard preparing for trial and then reaching a substantial settlement of our case. I would highly recommend them.”

William E.

“Jake Zamansky represented me in a FINRA arbitration case which allowed me to recover a substantial portion of investment losses. He is truly an expert in this space and I would highly recommend him to those investors who may have been been a victim of investment fraud.”

Chris K.

“Jake and his team did a great job communicating with me throughout the process of my lawsuit. I would recommend him to anyone looking to sue UBS for unethical practices.”

Mike A.
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