Dimond Kaplan & Rothstein, P.A. (DKR) has filed another FINRA arbitration claim against UBS Financial Services, Inc. (“UBS”) on behalf of investors who lost nearly $1 million in the UBS Yield Enhancement Strategy (YES) option strategy. UBS is a subsidiary of UBS Group A.G. (NYSE: UBS). The recently filed FINRA arbitration claim alleges, among other things, that UBS failed to adequately disclose the risks of its UBS Yield Enhancement Strategy and that UBS did not trade its options.

UBS YES Represented that YES was a Low-Risk Investment

UBS represented that YES would generate incremental income by buying and selling combinations of put and call options on the S&P 500 Index. UBS further represented that the strategy would be “non-directional” and would have limited risk. Notwithstanding, YES made “directional” bets on the S&P 500 Index and was far more risky than investors were led to believe. YES investors have lost up to 33% since market volatility increased in December 2018 and continuing through March 2020. Total YES investor losses are expected be more than $1 billion.

YES Loss Recovery Through FINRA Arbitration

YES investors can file FINRA arbitration claims to recover their losses. FINRA arbitration is private dispute resolution process that generally is cost and time efficient than a court proceeding.

If you lost money in the UBS YES option strategy contact Dimond Kaplan & Rothstein, P.A. DKR represents many YES investors throughout the United States and has extensive experience representing investors who have lost money in risky option strategies. With offices in Miami, Los Angeles, West Palm Beach, and New York, DKR represents investors nationwide and throughout Latin America in brokerage firm misconduct and stockbroker negligence cases.

Speak to a UBS YES Attorney at DKR Today

With offices in MiamiLos AngelesWest Palm BeachNew York, and Naples, DKR represents investors nationwide and throughout Latin America in brokerage firm misconduct and stockbroker negligence cases.

Contact one of our experienced securities lawyers today for a FREE case review to discuss your rights and options. We will fight for your rights!

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Miami Office
Grand Bay Plaza
2665 S. Bayshore Drive
Penthouse 2B
Miami, FL 33133
Telephone: 786.628.8236

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2029 Century Park East
Century Plaza Tower
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Los Angeles, CA 90067
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14 Wall St, 20th Floor
New York, NY 10005
Telephone: 917.382.5217

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West Palm Beach, FL 33401
Telephone: 561.475.2887

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Bloomfield Hills, Mi 48304
Telephone: 248.368.0182