Trigger Phoenix Autocallable Optimization Securities linked to Market Vectors Oil Services ETF
Concerned about your investment in UBS AG Trigger Phoenix Autocallable Optimization Securities?
Have you suffered losses investing in Trigger Phoenix Autocallable Optimization Securities ? If so, The White Law Group may be able to help you recover your losses by filing a FINRA arbitration claim against the brokerage firm that sold you the investment.
The COVID-19 global pandemic has caused securities markets to tank. Various banks are calling mandatory redemptions of certain ETFs and have frozen the trading of others, causing investors huge losses.
Trigger Phoenix Autocallable Optimization Securities are UBS-branded reverse convertible 12-month notes. The unsubordinated, unsecured debt obligations issued by UBS AG are linked to the Market Vectors Oil Services ETF.
There is no active secondary market for most structured products such as this one, as they are much less liquid than simple stocks, bonds, notes and mutual funds. Investors are likely to receive less than the structured product’s estimated market value if they try to sell the structured product prior to maturity, according to the prospectus.
Recovery of Investment Losses
Financial professionals and brokerage firms have a duty to recommend only investments that are appropriate for the client based on the client’s age, investment experience, net worth, and investment objectives.
If you have suffered losses investing in Trigger Phoenix Autocallable Optimization Securities issued by UBS, you may be able to recover your losses through FINRA arbitration. For a free consultation with a securities attorney, please call the White Law Group at 888-637-5510.
The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm with offices in Chicago, Illinois and Franklin, Tennessee.
For more information on The White Law Group, visit http://whitesecuritieslaw.com.
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