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Investigations

Attention UBS Yield Enhancement Strategy Investors: New Case Filed by Goldman Scarlato & Penny Securities Lawyers File on Behalf of Additional UBS YES Investors

The Goldman Scarlato & Penny securities lawyers have filed a new case on behalf of two additional UBS YES investors who lost money in the UBS Yield Enhancement Strategy (“UBS YES”) trading program. The claims were filed against UBS, and seek compensation for the investors’ seven-figure losses allegedly suffered in the YES program.

This is the second case filed by the Goldman Scarlato & Penny securities attorney Alan Rosca and his partners on behalf of UBS YES investors. Attorney Rosca and his partners are working with additional UBS Yield Enhancement Strategy investors and are preparing more cases on their behalf, to seek compensation for their investment losses. UBS YES investors may contact investor rights lawyers Alan Rosca, Paul Scarlato, or Doug Bench for additional information or a free evaluation of their recovery options.

UBS advertised its YES program as an option-based trading strategy that sought to increase returns for investors who committed a certain minimum amount of their portfolio (called a “Mandate”) to the YES program, which was typically $2 million. UBS YES investors have started seeing substantial losses in their portfolios last year. The losses continued to go up this year. UBS YES investors who are working with the Goldman Scarlato & Penny lawyers have expressed serious concerns about the direction of their portfolios and the trading strategy.

In their newly-filed case on behalf of the UBS YES investors, the Goldman Scarlato & Penny securities attorneys are seeking compensation for the investors’ losses in view of the trading strategy and risk disclosures surrounding the YES program, among others. The claims focus on a number of important issues, including whether the UBS Yield Enhancement Strategy fully and adequately disclosed to investors important and major risks associated with the YES program and whether the actual trading strategy was consistent with the advertised strategy in the YES marketing materials.

Investors who believe they lost money invested in UBS’ Yield Enhancement Strategy may contact attorney Alan Rosca or his colleagues, Paul Scarlato or Doug Bench, for a free, no-obligation evaluation of their recovery options, at 888-998-0530 or via email at rosca@lawgsp.com.

In our legal system, every person is innocent until and unless found guilty by a court of law or a tribunal. Whenever we reference “allegations” or charges that are “alleged,” such allegations or charges have not been proven, and are merely accusations, not findings of fault, as of the date of the blog. We do not have, nor do we undertake, a duty to continue to monitor or follow cases about which we report, and/or to publish subsequent updates regarding various developments that may occur in such cases. Readers are encouraged to conduct their own research regarding any such cases and any developments that may or may not have occurred in such cases. Also, the brokercheck report linked to some of our blogs is the up-to-date version as of the date of posting. Visitors may check the most recent version of each brokercheck report at www.finra.org.

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