瑞银to Pay More Than $1.1M in Two Yield Enhancement Strategy Cases

FINRA仲裁面板裁定损害瑞银是索赔人

两个金融行业监管机构（FINRA）小组已命令瑞银财富管理（UBS）向投资者支付超过110万美元的损失，以支付其从公司的损失。Yield Enhancement Strategy(YES).

This complex options trading strategy that promised investors stable, incremental returns has cost wealthy UBS customers significant losses. Many of them are now contending that misrepresentations and omissions were made about the degree of risk involved. Additionally, these investments were unsuitable for their investment accounts.

While UBS and its brokers earned nearly $100 million annually from YES, customer losses have exceeded $1 billion. Shepherd Smith Edwards and Kantas (SSEK Law Firm at investorlawyers.com) represent investors in FINRA arbitration claims so that they can pursue damages. Call our UBS YES investor attorneys at (800) 259-9010 today.

Two Couples Awarded More than $800,000 in Boca Raton, Florida

In September 2021, a FINRA arbitration panel in Boca Raton awarded two couples over $800,000 — $269,377.09 plus $45,000 of prejudgment interest and $421,868.58 plus $70,499.93 of prejudgment interest, respectively.

据报道，这些奖项是对瑞银Yes产品中投资者损失的完全恢复。FINRA仲裁小组成员否认了瑞银的要求，即从瑞银经纪人加布里埃尔·库珀曼（Gabriel Cooperman）和蒂姆·克罗克（Tim Croak）的记录中取消了索赔，他们没有被任命为当事方。

In the same month, a different FINRA arbitration panel awarded a claimant $358,000 over losses sustained in UBS Yield Enhancement Strategy. The panel refused to expunge the case from the records of its brokers Scott Rosenberg and Mark Elias, who were not named in the claim.

斯科特·罗森伯格（Scott Rosenberg）22 disclosureslisted in BrokerCheck. Many of those disclosures are still pending and related to the firm’s Yield Enhancement Strategy.

瑞银YES Investors Were Blindsided By Their Losses

The Yield Enhancement Strategy’s complex options overlay strategy, known as an iron condor strategy, used different option trades with differing strike prices but the same expiration dates. It was supposed to limit exposure when the markets were volatile. While this proved to be true when the markets were stable, too much turbulence led to unexpected steep losses for YES investors.

Run by a UBS group in its Wealth Management Division, UBS YES was made available to over 6,500 of its brokers to market and sell to customers. Many UBS YES investors are claiming losses in the millions of dollars.

SSEK律师事务所赢得了$ 405,000 UBS收益增强策略奖

In August 2021, our UBS YES investment lawyers won a $405,000 FINRA arbitration award in Baltimore, Maryland on behalf of two claimants who lost money in the YES product. The investors contended that the firm’s brokers executed the YES program in a way that conflicted with how the strategy was marketed and sold to customers. They also said that there were inadequate risk disclosures in place.

For over 30 years, SSEK Law Firm has gone after the biggest firms on Wall Street to fight for investors’ financial recovery while protecting their legal rights. If you suffered losses in UBS YES, contact our FINRA arbitration law firm today so that we can help youexplore your legal options.