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Notice to UBS Willow Fund Investors -- Law Firm of David R. Chase, P.A. Continues Its Investigation Into Potential Claims for Recovery of Losses Against UBS Financial Services

FORT LAUDERDALE, Fla., April 5, 2013 (GLOBE NEWSWIRE) -- The Law Firm of David R. Chase, P.A., headed by a former SEC Prosecutor, announces that it is continuing its investigation into potential claims for the recovery of losses sustained by investors in the UBS Willow Fund.

In October 2012 investors were informed that the Willow Fund would be liquidated, after having sustained substantial losses. In a recent New York Times article on the UBS Willow Fund, it was reported that it had suffered losses of approximately 80% in the first three quarters of 2012 after its manager made a radical change in investment strategy and "piled into some colossally bad derivative trades." "The investors, some of whom hadn't realized they were holding a portfolio filled with risky bets against the debt of European nations, were stunned," says the article.

The Willow Fund's exposure to credit default swaps began to significantly increase, and by the end of 2008, while corporate bonds amounted to only 6% of the portfolio, the value of credit default swaps rocketed to 25% of the portfolio, from only 2.6% in 2007. By 2009, credit default swaps amounted to 43% of the Willow Fund's portfolio composition, the article claims.

The Law Firm of David R. Chase is investigating whether UBS accurately 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 true material risks involved, particularly after the significant material change in the fund's strategy and portfolio composition. 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 whether they can recover their losses. All calls handled on a confidential, no obligation basis. Cases taken on a contingency fee basis, meaning no attorney's fee owed to the law firm 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)
954-920-7779
Email: david@davidchaselaw.com

Source:David R. Chase, P.A.

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