Soreide Law Group has filed a lawsuit with the Financial Industry Regulatory Authority, also known as FINRA, against UBS Financial Services Incorporated Puerto Rico, and broker Eladio Jesus Perez, Jr. The lawsuit was filed on behalf of a 70 year-old investor in Puerto Rico bond funds, alleging unsuitability, over-concentration of funds, excessive and inappropriate use […]

Soreide Law Group has filed a lawsuit with the Financial Industry Regulatory Authority, also known as FINRA, against UBS Financial Services Incorporated Puerto Rico, and broker Eladio Jesus Perez, Jr. The lawsuit was filed on behalf of a 70 year-old investor in Puerto Rico bond funds, alleging unsuitability, over-concentration of funds, excessive and inappropriate use […]

It was recently reported in the New York Times that UBS Puerto Rico is now investigating it's own brokers over the sales of leveraged bond funds. One such fund is the Tax Free Puerto Rico Fund II which has a leverage ratio of fifty-three percent. Recently, one broker was put on administrative leave for the […]

It was recently reported in the New York Times that UBS Puerto Rico is now investigating it's own brokers over the sales of leveraged bond funds. One such fund is the Tax Free Puerto Rico Fund II which has a leverage ratio of fifty-three percent. Recently, one broker was put on administrative leave for the […]

Soreide Law Group is currently filing FINRA arbitrations against UBS on behalf Investors in Puerto Rican Bond Funds through UBS, Banco Popular and Banco Santander. Soreide Law Group is investigating claims for the following Puerto Rican Bond Funds: UBS Financial Services of Puerto Rico Inc.; UBS Trust Company of Puerto Rico; Puerto Rico Fixed Income […]

Soreide Law Group is currently filing FINRA arbitrations against UBS on behalf Investors in Puerto Rican Bond Funds through UBS, Banco Popular and Banco Santander. Soreide Law Group is investigating claims for the following Puerto Rican Bond Funds: UBS Financial Services of Puerto Rico Inc.; UBS Trust Company of Puerto Rico; Puerto Rico Fixed Income […]

The Securities and Exchange Commission (SEC) announced on May 1, 2012, that they  charged UBS Financial Services Inc. of Puerto Rico and two executives with making misleading statements to investors, concealing a liquidity crisis, and masking its control of the secondary market for 23 proprietary closed-end mutual funds. UBS Puerto Rico will settle the SEC’s charges by […]