Stock Market Volatility Pummels UBS YES Strategy Investors
The volatile climate of the stock amid the coronavirus pandemic has resulted in massive losses for many investors. For those that were recommended high-fee, high-risk strategies like UBS Yield Enhancement Strategy (YES) have likely suffered double-digit losses in a matter of weeks. Many investors were pitched YES as a low-risk, neutral option, when, in fact, these strategies could subject them to substantial losses.
COVID-19 has wreaked havoc on stock and bond portfolios used as collateral for Yield Enhancement Strategies. Some investors have been exposed to a substantial risk of loss. In many instances, YES and other call and put option strategies are unsuitable for the average investor. The complicated iron condor investment strategy should only be recommended to sophisticated clients who receive full disclosure on the potential risks and rewards associated with the strategy.
Levin Law continues its investigation on behalf of investors who have suffered losses in the UBS Yield Enhancement Strategy. UBS customers may be able to obtain recovery through an arbitration claim with the Financial Industry Regulatory Authority (FINRA). Numerous arbitration claims have already been filed with FINRA, citing losses under UBS Financials’ YES program greater than 30%. At Levin Law, most cases are handled on a contingency fee basis, meaning you do not pay our attorneys unless we recover money on your behalf. If you have suffered losses as a result of investing in a YES program offered by UBS or recommended by an investment professional, contact Levin Law today for a free case evaluation at (855) 862-2306, an online inquiry, or by submitting an email inquiry to co*****@le********.com.
Levin Law is a premier national securities and class action law firm with significant experience. Brian Levin, Levin Law’s founding attorney, has helped recover over $100,000,000 in assets through securities arbitrations, class action, and litigation for individual and institutional investors throughout the country and the rest of the world. Levin Law represents retirees, individual investors, high-net-worth investors, ultra-high-net-worth investors, institutions, family offices, trusts, publicly held companies, and others.
