Nationally Recognized FINRA Attorney Arbitration Firm Investigating Willow Fund Investments by UBS

Closed end fund , the Willow Fund, sold by UBS is closing down in June. Investors were allegedly defrauded by the fund manager, who improperly invested in credit default swaps in Europe and lost 89% of the value of the fund.
By: Stuart D. Meissner LLC
 
NEW YORK - April 8, 2013 - PRLog -- The Nationally known Meissner Arbitration firm is investigating the WIllow Fund and UBS who manages such fund. It is alleged that the manager diverted investments from what investors understood to be distressed debt instruments rather into risky credit default swaps on government debt of Germany, Sweden, France, Spain and other countries, betting that the debt of those countries would collapse, which they did not. As a result, the fund lost 89% of its value and the fund is liquidating this June.  It was noted according to the New York Times that the Board of Directors of the Willow Fund noted that the fund was highly volatile but nothing was ever done to address the issue. The fund suffered from 106 million in unrealized losses in credit default swaps.

The Meissner firm is known for its record win statistics in arbitration in recovering funds from investors against large investment banks such as UBS.

For more information or have a free phone consultation please see:
http://www.smeissner.com/willow-fund-misleads-investors/
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Source:Stuart D. Meissner LLC
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Tags:Finra, Ubs, Willow Fund, Credit Default Swaps, Attorney
Industry:Investment
Location:New York City - New York - United States
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Page Updated Last on: Apr 10, 2013



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