INVESTOR UPDATE: UBS YES Investors May Potentially Recover the “Double Whammy” Losses Suffered in the COVID-19 SPX Market Crash

Zamansky LLC is counseling investors in the Yield Enhancement Strategy (YES) sold by UBS Group A.G. (NYSE: UBS) who face “double whammy” losses in the Coronavirus stock market crash. UBS investors in YES have incurred losses in excess of 30 percent over the last two years. UBS YES investors have also suffered losses in their portfolios held as collateral for YES as fallout from the Coronavirus pandemic has roiled bond and stock markets.

UBS sold YES to investors as a managed account which enhanced yield on other bond and stock portfolios. YES traded call and put options on the S&P 500 Index (SPX) in an iron condor strategy to enhance returns in relatively stable or flat markets. Over the last two years, stock market volatility in the SPX has caused UBS YES investors to suffer losses. According to securities fraud attorney, Jake Zamansky, not all may be lost to UBS YES investors who may have claims to recover their investment losses.

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 marketed and sold by UBS.

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 jake@zamansky.com 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200323005385/en/