{"id":19344,"date":"2020-11-11T10:19:36","date_gmt":"2020-11-11T16:19:36","guid":{"rendered":"https:\/\/www.investorlawyers.com\/blog\/?p=19344"},"modified":"2020-11-17T10:20:43","modified_gmt":"2020-11-17T16:20:43","slug":"ubs-group-sued-over-margin-loan-losses","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/ubs-group-sued-over-margin-loan-losses\/","title":{"rendered":"Chinese Tycoon Sues UBS for $500M Over Losses Involving Margin Loan"},"content":{"rendered":"<h2><span style=\"font-weight: 400;\">High Net Worth Individual Investor Alleges That UBS Group AG Persuaded Him To Buy On Margin\u00a0<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Guo Wengui, a rich Chinese businessman exiled in New York, has filed a lawsuit against UBS Financial Group after losing $500M.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Wengui contends that the bank pressured him into borrowing funds to invest in shares of Haitong Securities, Co., a brokerage firm in China. This high net worth institutional investor alleges that in 2015, UBS forced the stock\u2019s sale during both a 45% drop in Haitong\u2019s shares, which were traded in Hong Kong and a market route. Guo said that he lost his entire investment.<\/span><\/p>\n<div class=\"read_more_link\"><a href=\"https:\/\/www.investorlawyers.com\/blog\/ubs-group-sued-over-margin-loan-losses\/\"  title=\"Continue Reading Chinese Tycoon Sues UBS for $500M Over Losses Involving Margin Loan\" class=\"more-link\">Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>High Net Worth Individual Investor Alleges That UBS Group AG Persuaded Him To Buy On Margin\u00a0 Guo Wengui, a rich Chinese businessman exiled in New York, has filed a lawsuit against UBS Financial Group after losing $500M.\u00a0 Wengui contends that the bank pressured him into borrowing funds to invest in shares of Haitong Securities, Co., [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":19345,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3773,4245,3762,3755],"tags":[3239,4454,4163],"class_list":["post-19344","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-broker-fraud","category-complex-investments","category-current-investigations","category-ubs","tag-margin-calls","tag-margin-loan-losses","tag-ubs-group-ag"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>UBS Sued For $500M Over Margin Loan Losses | Investor Lawyers<\/title>\n<meta name=\"description\" content=\"UBS Group is being sued for over $500M after an investor suffered significant margin loan losses in an unsuitable investment recommendation.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.investorlawyers.com\/blog\/ubs-group-sued-over-margin-loan-losses\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"UBS Sued For $500M Over Margin Loan Losses | Investor Lawyers\" \/>\n<meta name=\"twitter:description\" content=\"UBS Group is being sued for over $500M after an investor suffered significant margin loan losses in an unsuitable investment recommendation.\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2020\/11\/UBS.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Shepherd Smith Edwards &amp; 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Kantas, LLP","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.investorlawyers.com\/blog\/ubs-group-sued-over-margin-loan-losses\/#article","isPartOf":{"@id":"https:\/\/www.investorlawyers.com\/blog\/ubs-group-sued-over-margin-loan-losses\/"},"author":{"name":"Shepherd Smith Edwards &amp; Kantas, LLP","@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431"},"headline":"Chinese Tycoon Sues UBS for $500M Over Losses Involving Margin Loan","datePublished":"2020-11-11T16:19:36+00:00","dateModified":"2020-11-17T16:20:43+00:00","mainEntityOfPage":{"@id":"https:\/\/www.investorlawyers.com\/blog\/ubs-group-sued-over-margin-loan-losses\/"},"wordCount":607,"image":{"@id":"https:\/\/www.investorlawyers.com\/blog\/ubs-group-sued-over-margin-loan-losses\/#primaryimage"},"thumbnailUrl":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2020\/11\/UBS.jpg","keywords":["margin calls","margin loan losses","UBS Group AG"],"articleSection":["Broker Fraud","Complex Investments","Current Investigations","UBS"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.investorlawyers.com\/blog\/ubs-group-sued-over-margin-loan-losses\/","url":"https:\/\/www.investorlawyers.com\/blog\/ubs-group-sued-over-margin-loan-losses\/","name":"UBS Sued For $500M Over Margin Loan Losses | Investor Lawyers","isPartOf":{"@id":"https:\/\/www.investorlawyers.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.investorlawyers.com\/blog\/ubs-group-sued-over-margin-loan-losses\/#primaryimage"},"image":{"@id":"https:\/\/www.investorlawyers.com\/blog\/ubs-group-sued-over-margin-loan-losses\/#primaryimage"},"thumbnailUrl":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2020\/11\/UBS.jpg","datePublished":"2020-11-11T16:19:36+00:00","dateModified":"2020-11-17T16:20:43+00:00","author":{"@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431"},"description":"UBS Group is being sued for over $500M after an investor suffered significant margin loan losses in an unsuitable investment recommendation.","breadcrumb":{"@id":"https:\/\/www.investorlawyers.com\/blog\/ubs-group-sued-over-margin-loan-losses\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.investorlawyers.com\/blog\/ubs-group-sued-over-margin-loan-losses\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.investorlawyers.com\/blog\/ubs-group-sued-over-margin-loan-losses\/#primaryimage","url":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2020\/11\/UBS.jpg","contentUrl":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2020\/11\/UBS.jpg","width":400,"height":300,"caption":"UBS Group AG sign"},{"@type":"BreadcrumbList","@id":"https:\/\/www.investorlawyers.com\/blog\/ubs-group-sued-over-margin-loan-losses\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.investorlawyers.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Chinese Tycoon Sues UBS for $500M Over Losses Involving Margin Loan"}]},{"@type":"WebSite","@id":"https:\/\/www.investorlawyers.com\/blog\/#website","url":"https:\/\/www.investorlawyers.com\/blog\/","name":"Investor Lawyers Blog","description":"Published By Investment Fraud Attorneys \u2014 Shepherd Smith Edwards &amp; 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