Category: UBS YES Losses
This article originally appeared on Barrons.com written by Andrew Welsch UBS Financial Services must pay $2.9 million in compensatory damages plus nearly $966,000 in legal fees to additional clients who alleged the firm’s Yield Enhancement Strategy (YES) — which focused on options-based … Continue reading
This article originally appeared on Barrons.com written by Andrew Welsch An arbitration panel ordered UBS to pay nearly $3.9 million in a dispute with a couple who accused the company of negligent supervision and breach of fiduciary duty related to a “highly … Continue reading
Erez Law recently filed a FINRA arbitration against UBS Financial Services Inc. for Yield Enhancement Strategy (YES) program losses. The Erez Law clients allege that Brian Donaldson (CRD #2503258) and Frank Baldwin (CRD #1415901) recommended they invest in the YES … Continue reading
Erez Law has alleged in multiple FINRA arbitrations that UBS’ YES program was represented to investors as a low-risk, market-neutral strategy that allows investors to generate enhanced yield while reducing risk, all without requiring investors to deposit additional funds into … Continue reading
In May 2020, Erez Law filed a FINRA claim against UBS Financial Services for Yield Enhancement Strategy (YES) program losses with broker Allan Klenke. The Erez Law client alleges that Klenke recommended the client invest in the YES program, and … Continue reading
Erez Law filed FINRA arbitration claims against UBS Financial Services Inc. for Yield Enhancement Strategy (YES) program losses with its broker Jose Cornide. It is alleged that UBS’ YES program was represented to investors as a low-risk strategy that allows … Continue reading