Recovery of Investment Losses in UBS Trigger Yield Optimization Notes
Have you suffered losses investing in UBS Trigger Yield Optimization Notes? If so, the securities attorneys of The White Law Group may be able to help you recover your losses through a FINRA arbitration claim against the brokerage firm that recommended the investment.
UBS Trigger Yield Optimization Notes are convertible debt securities that provide investors with an increase in the price of stocks tied to that note. With the UBS notes, there was a return cap between 8 and 11% plus the return on the invested principal. If the price of the stock linked to the UBS Trigger Yield Optimization Notes dropped below the predetermined price by the note’s maturity date, investors would not see a return on principal. Instead they would receive stocks that were worth less than what they originally invested. These UBS notes were often linked to volatile energy and technology stocks.
The White Law Group is investigating the liability that brokerage firms may have for recommending UBS Trigger Yield Optimization Notes.
Brokers often pitch structured products, like UBS Trigger Yield Optimization Notes, as providing “downside protection” against losses to a related index while allowing modest up side gain potential. However, investors in UBS Trigger Yield Optimization Notes are finding out that the protection offered was limited and insufficient to ward off enormous losses.
Moreover, brokerage firms are required to perform adequate due diligence on any product they recommend and to ensure that all recommendations are suitable for their client in light of the client’s age, investment experience, net worth, income, and investment objectives.
If a brokerage firm fails to perform adequate due diligence or makes an unsuitable investment recommendation, the firm can be held responsible in a FINRA arbitration claim.
If you suffered losses investing in UBS Trigger Yield Optimization Notes and would like to discuss your litigation options, please call The White Law Group at 888-637-5510 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 Franklin, Tennessee. For more information on the firm and its representation of investors in FINRA arbitration claims, visit https://www.whitesecuritieslaw.com.