Recover UBS Puerto Rico Fund Investment Losses

Monday, October 21st, 2013

Have you suffered investment losses in a UBS Puerto Rico Fund investment?  If so, The White Law Group may be able to help you recover your losses through a FINRA arbitration claim against the brokerage firm that sold you the investment.

The White Law Group is investigating the liability that FINRA registered broker-dealers may have for recommending risky closed-end municipal bond fund investments like UBS’s family of Puerto Rico Funds.

According to the Investment News, UBS’s proprietary closed-end bond funds in its Puerto Rico family of funds have suffered significant decreases in value.  It appears that UBS sold their UBS Puerto Rico Funds by highlighting the potential tax benefits and glossing over or even misrepresenting the risks.

Brokerage firms and financial advisers have a fiduciary duty to perform due diligence on any investment they recommend and to insure that an investment is appropriate in light of the investor’s age, net worth, income, investment experience, and investment objectives. If a broker or brokerage firm recommends an investment unsuitably, investors may have an actionable claim to recover their investment losses in a claim through FINRA dispute resolution.

The White Law Group’s investigation into the improper sales of UBS Puerto Rico closed-end funds includes, but is not limited to, recommendations to invest in the following closed-end funds:

UBS Puerto Rico Fixed Income Fund I, Inc.

UBS Puerto Rico Fixed Income Fund II, Inc.

UBS Puerto Rico Fixed Income Fund III, Inc.

UBS Puerto Rico Fixed Income Fund IV, Inc.

UBS Puerto Rico Fixed Income Fund V, Inc.

UBS Puerto Rico Fixed Income Fund VI, Inc.

UBS Puerto Rico Investors Tax-Free Fund, Inc.

UBS Puerto Rico Investors Tax-Free Fund II, Inc.

UBS Puerto Rico Investors Tax-Free Fund III, Inc.

UBS Puerto Rico Investors Tax-Free Fund IV, Inc.

UBS Puerto Rico Investors Tax-Free Fund V, Inc.

UBS Puerto Rico Investors Tax-Free Fund VI, Inc.

UBS Puerto Rico AAA Portfolio Bond Fund, Inc.

UBS Puerto Rico AAA Portfolio Bond Fund II, Inc.

UBS Puerto Rico AAA Portfolio Target Maturity Fund, Inc.

UBS Puerto Rico Tax-Free Target Maturity Fund I, Inc.

UBS Puerto Rico Tax-Free Target Maturity Fund II, Inc.

UBS Tax Free Puerto Rico Fund, Inc.

UBS Tax Free Puerto Rico Fund II, Inc.

UBS Tax Free Puerto Rico Target Maturity Fund, Inc.

UBS Puerto Rico Mortgage-Backed & Government Securities Fund, Inc.

UBS Puerto Rico GNMA & US Government, Inc.

If you are concerned about your investment in a UBS Puerto Rico Fund and would like to speak to a securities attorney about whether you have a potential FINRA dispute resolution claim, please call The White Law Group’s Boca Raton, Florida office at 561-807-6804 for a free consultation.

The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm with offices in Chicago, Illinois and Boca Raton, Florida.

For more information on The White Law Group, please visit our website at http://www.whitesecuritieslaw.com.

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