Investor Lawyers Blog

Investors Blame UBS Broker and Edinroc Financial Group Head Jose Cornide For Recommending YES Strategy

Published on: October 28, 2020 | by Shepherd Smith Edwards & Kantas, LLP

Florida Financial Advisor is Named in at Least 10 FINRA Cases, Including One $25 Million Claim If you suffered losses while working with UBS Financial Services (UBS) stockbroker, Jose Manuel Cornide, Jr., you may be able to file a Financial Industry Regulatory Authority (FINRA) arbitration claim for your losses. Cornide, who is based out of […]

Ex-UBS Broker and IHT Wealth Management Investment Advisor Frederick Kort Accused Of Unsuitable Investment Recommendations Involving Options Overlay Strategy

Published on: September 15, 2020 | by Shepherd Smith Edwards & Kantas, LLP

Pending Allegations Likely Involve UBS YES Strategy Frederick Maximillian Kort, a former UBS Financial (UBS) broker, is facing allegations that he made misrepresentations when making unsuitable investment recommendations to customers. According to his BrokerCheck record, there are two pending customer disputes against him, both involving an options overlay strategy. While the disclosure does not specifically […]

Dallas Retiree Accuses UBS Of Unsuitably Recommending YES Strategy

Published on: September 1, 2020 | by Shepherd Smith Edwards & Kantas, LLP

Senior Investor Sues UBS Financial For Losses Caused by Yield Enhancement Strategy A Texas retiree says UBS’s Yield Enhancement Strategy (“YES”) is to blame for investment losses he suffered over a short time period at the end of 2018. According to the claim filed with the Financial Industry Regulatory Authority (“FINRA”), the YES program was […]

Retiree Couple’s UBS YES Strategy Lawsuit Seeks Up to $1M in Damages and Losses

Published on: June 10, 2020 | by Shepherd Smith Edwards & Kantas, LLP

Claimants Lose Retirement Funds in Complex Options Trading Strategy A retired couple is suing UBS Financial Services (UBS) after they sustained at least $800,000 in losses from investing in the firm’s Yield Enhancement Strategy (YES). The investors contend that their UBS broker made misrepresentations and omissions when recommending this unsuitable investment strategy to them and […]

UBS YES Strategy Investors Say They Were Promised Low Risks But Suffered Huge Losses

Published on: June 1, 2020 | by Shepherd Smith Edwards & Kantas, LLP

Investors Claim UBS YES Strategy Was Mismarketed To Them: SEC Looking Into the Allegations If you are an investor whose UBS broker recommended that you employ the UBS YES (Yield Enhancement Strategy) and you’ve since suffered significant losses, you may have grounds for an investment fraud claim. Unfortunately, UBS and its registered representatives may have […]

Coronavirus And Market Drops Likely to Cause More Losses for UBS YES and CYES Strategy Investors

Published on: March 11, 2020 | by Shepherd Smith Edwards & Kantas, LLP

Coronavirus (COVID-19) Update: YES Strategy Is Vulnerable To Losses Now Markets Are Rough The World Health Organization (WHO) has just declared the coronavirus a pandemic, with the United States President Donald Trump announcing a travel ban involving more than two dozen nations. As if these health concerns weren’t bad enough, the latest Coronavirus update has […]

Shepherd Smith Edwards and Kantas Investigates UBS YES Strategy Claims

Published on: March 5, 2020 | by Shepherd Smith Edwards & Kantas, LLP

UBS YES Strategy Losses May Be Grounds For A Claim Our investment fraud lawyers at Shepherd Smith Edwards and Kantas (SSEK Law Firm) are continuing to offer free, no-obligation case consultations to investors that lost money in the UBS Yield Enhancement Strategy (YES). SSEK Law Firm represents clients throughout the United States. Investor fraud claims […]

Shepherd Smith Edwards & Kantas Investigates Merrill Lynch and Gordon Harper over Collateral Yield Enhancement Strategy (CYES) Damages

Published on: January 9, 2020 | by Shepherd Smith Edwards & Kantas, LLP

Collateral Yield Enhancement Strategy (CYES) Damages: SSEK Investigating Merrill Lynch Financial Advisor Shepherd Smith Edwards & Kantas (SSEK), a law firm specializing in representing wronged investors is looking into allegations against Gordon Harper, a financial advisor with Merrill Lynch out of Upper Montclair, New Jersey. Prior to that, he worked at Banc of America and […]

Investors Blame Brokers Matthew Buchsbaum And Scott Rosenberg For UBS YES Strategy Losses

Published on: October 1, 2019 | by Shepherd Smith Edwards & Kantas, LLP

UBS Financial Services (UBS) brokers Matthew Buchsbaum and Scott Rosenberg are currently the subjects of multiple investor fraud claims by firm clients who blame them for losses they sustained from the UBS YES Strategy. This Yield Enhancement Strategy (YES) is a complex investment strategy and it is not suitable for every investor. Involving an options […]

UBS Yes Strategy Investors File Fraud Claims

Published on: August 31, 2019 | by Shepherd Smith Edwards & Kantas, LLP

Clients of UBS Group AG (UBS) who employed the firm’s Yield Enhancement Strategy (YES) are now filing investor fraud complaints after suffering at least $60M in losses to date. YES involves options trades and borrowing that was supposed to be “safe” and low risk while earning investors positive returns. The complex investment strategy did just […]