Securities fraud lawyers continue to investigate claims on behalf of investors who suffered significant losses as a result of the unsuitable recommendation and sale of Puerto Rico bonds and UBS Puerto Rico bond funds in light of the products’ downgrade to “junk bond” status. Reportedly, earlier this month Standard & Poor downgraded most of the…
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Securities fraud attorneys are currently investigating claims on behalf of the clients of UBS Financial Services Inc. and David Lugo. Lugo allegedly made unsuitable recommendations and misrepresentations of Puerto Rico municipal bonds and UBS proprietary Puerto Rico municipal bond funds. In one claim already filed by stock fraud lawyers, the claimant, one of Lugo’s clients,…
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