NEW YORK--(BUSINESS WIRE)--Zamansky LLC is filing claims on behalf of UBS Yield Enhancement Strategy (YES) investors to potentially recover losses of 40% that were suffered since 2018. YES is a managed options strategy sold by UBS Group A.G. (NYSE: UBS) which traded call and put options on the S&P 500 Index (SPX) in an iron condor strategy. For the year-to-date, the SPX was down only 11% on April 17th, while YES was down 15.46% over the same period.
Since 2018, YES investors at UBS have incurred losses of approximately 40%, and YES has seen its assets under management decline from $6 billion to $1.5 billion. YES was supposed to enhance returns on bond and stock portfolios held by investors. According to securities fraud attorney, Jake Zamansky, our law firm is filing FINRA arbitration claims to recover losses for any UBS YES investors who were misled about the risk of YES.
Zamansky LLC has filed many FINRA arbitration cases for investors located across the United States seeking to recover YES losses from UBS. The investment cases claim that YES was an unsuitable investment that was misrepresented by UBS as a market neutral, low risk investment; but YES is really a high risk, speculative strategy with a substantial risk of loss that was not properly disclosed when sold by UBS to investors.
What UBS YES Investors Can Do
If you have suffered a loss in YES, the law firm will review your investment to determine if you have the legal right recover your loss, without obligation or cost to you. To set up an evaluation, email Jake Zamansky at firstname.lastname@example.org or call the law firm at (212) 742-1414.
About Zamansky LLC
Zamansky LLC is one of the leading law firms with a practice focused on securities fraud and financial services arbitration and class action litigation. We represent both individual and institutional investors. Our practice is nationally recognized for our ability to aggressively prosecute cases and recover losses.
To learn more about Zamansky, please visit our website, www.zamansky.com.