The Securities Arbitration Law Firm of Klayman & Toskes, P.A. (“K&T”), www.nasd-law.com,
announced today that it is currently
investigating UBS Financial Services (UBS) in connection with the
sale of UBS V10 Enhanced FX Carry Strategy. UBS AG (NYSE: UBS) issued
senior unsecured securities linked to the UBS V10 Currency Index with
Volatility Cap (“V10"), which provided participation in index
performance of between 110% to 120% of the upside with exposure to 100%
of the downside.
K&T is investigating whether UBS violated securities rules and
regulations, including whether FINRA
sales practice rules were followed for investment recommendations
made about these highly complex structured products marketed to
unsophisticated investors. These securities were not suitable for
investors seeking principal protection, current income, or liquidity
resulting from an active secondary market. Further, investors with a low
risk tolerance should not have been exposed to these investments. K&T is
investigating UBS’s conduct in connection with its supervision,
management and marketing of the UBS V10 program to its customers.
If you invested in the UBS V10 program or have relevant information
relating to this investigation, please contact Steven D. Toskes, Esq. or
Robert J. Harvey, Esq. of Klayman & Toskes, P.A., at 888-997-9956 or
visit us on the web at www.nasd-law.com.
Destination: http://www.nasd-law.com/the-securities-arbitration-law-firm-of-klayman-toskes-pa-investigates-ubs-financial-services-in-connection-with-the-sale-of-ubs-v10-enhanced-fx-carry-strategy/
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