FORT LAUDERDALE, Fla., Jan. 14, 2013 (GLOBE NEWSWIRE) -- The Law Firm of David R. Chase, P.A., headed by a former SEC Prosecutor, announces its investigation of the sales practices utilized by UBS Financial Services ("UBS") in connection with its sale of the UBS Willow Fund (the "Willow Fund"), a distressed debt hedge fund. In October 2012 investors were informed that the Willow Fund would be liquidated, after having sustained substantial losses.
The Law Firm of David R. Chase is investigating whether UBS offered and sold the Willow Fund as a safe, secure and suitable investment, particularly to retirees and those customers seeking minimal volatility with stable income, and whether it adequately disclosed the material risks involved. The Law Firm is also investigating whether clients' portfolios were over-concentrated in the Willow Fund investment.
UBS customers who purchased the Willow Fund are encouraged to contact my law firm to explore their legal rights and potential to recover their losses on a confidential, no obligation basis. Cases taken on a contingency fee basis, meaning no attorney's fee if no recovery.
The Law Office of David R. Chase, P.A., based in Fort Lauderdale, Florida, represents investors nationwide. David Chase has been practicing for 20 years, is AV-Rated by Martindale-Hubbell -- its highest competence and ethics rating -- and previously served as a Securities and Exchange Commission (SEC) Prosecutor. More about the firm is available on its website at: www.davidchaselaw.com.
To discuss your legal options for a potential recovery of your losses, please call me:
|David R. Chase, Esq.|
|Law Office of David R. Chase, P.A.|
|1700 East Las Olas Boulevard, Suite 305|
|Fort Lauderdale, FL 33301|
|888-337-8625 (Toll Free)|
Source:David R. Chase, P.A.