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Written by 11:04 am Blog, Securities Fraud Articles

Recovery of UBS Willow Fund Investment Losses

Have you suffered losses in the UBS Willow Fund?  If so, you may be able to recover your losses through FINRA arbitration.

The UBS Willow Fund is a distressed debt hedge fund formed in or about 2000.  In October 2012 investors were informed that the fund would be liquidated after having sustained substantial losses (according to various sources, since 2007, the Willow Fund’s net asset value (“NAV”) has suffered declines of over $300 million).

In December 2012, a class action lawsuit was filed against the UBS Willow Fund alleging that the fund deviated from an announced strategy of investing in debt securities by trading in high-risk credit default swaps that were based largely on foreign sovereign debt.  The class action, filed in federal court in Manhattan, seeks to recover over $200 million for investors in the fund.

While the class action lawsuit may result in a recovery of some losses for UBS Willow Fund, the securities attorneys of The White Law Group are investigating the liability that brokerage firms and financial advisors may have for selling the UBS Willow Fund.  Such claims may allow investors to recoup additional losses incurred as a result of their ownership of this distressed investment.

Financial advisors and broker-dealers have a duty to their clients to perform the necessary due diligence on an investment before offering it for sale to their clients and to ensure that any investment recommendation that is made is suitable in light of the client’s age, investment experience, net worth, and investment objectives.

Based on what is known about the UBS Willow Fund, it appears that certain financial advisors may have misrepresented the risks and investment strategy of the investment, or failed to perform the adequate due diligence to discover that the fund had deviated from its stated investment strategy.

If you invested in the UBS Willow Fund and are interested in your litigation options, please call the securities attorneys of The White Law Group at 312-238-9650 for a free consultation.

The White Law Group is a national securities fraud, securities arbitration, and investor protection law firm with offices in Boca Raton, Florida and Chicago, Illinois.

For more information on The White Law Group, visit https://whitesecuritieslaw.com.

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