Zamansky LLC announces that the United States Securities and Exchange Commission (SEC) has today reached a $25 million settlement with UBS Financial Services Inc. (UBS) regarding its sale of the UBS Yield Enhancement Strategy (YES).
The SEC settlement provides that certain UBS-YES investors who purchased from February 2016 through February 2017 will be able to recover some of their losses from investing in the strategy. The settlement pays disgorgement of $5.8 million, pre-judgment interest of $1.4 million and a civil penalty of $17.4 million.
To find out if you are eligible to recover your YES losses under the settlement, you can contact securities fraud attorney Jake Zamansky.
YES investors may also recover their losses by filing a FINRA arbitration case against UBS. Zamansky LLC has successfully recovered YES losses for numerous investors.
To understand if you are covered by the SEC settlement or how you can recover your YES losses, please contact our firm for a free consultation. You can 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. Our firm represents 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.
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Contacts
Zamansky LLC
50 Broadway - 32nd Floor
New York, NY 10004
Jake Zamansky, 212-742-1414
jake@zamansky.com
