Past Fraud Investigations

Virtus AlphaSector Funds and F-Squared Investments

Investors in Virtus AlphaSector funds or any funds utilizing F-Squared Investment’s algorithm may have a claim to recover their investment losses. F-Squared agreed to pay $35 million to settle SEC claims that it defrauded investors and it admitted that it misled investors by claiming a successful seven-year track record for its strategy. In truth, its AlphaSector algorithm did not even exist during the prior seven years. Virtus and F-Squared-related funds were marketed and sold by many brokerage firms including, but not limited to: Ameriprise, AssetMark, Ausdal Financial Partners, LPL Financial, RBC Wealth Management, Raymond James, Charles Schwab, Stifel Nicolaus, UBS Financial Services, and Wells Fargo Advisors. These firms may not have performed sufficient due diligence of the Virtus or F-Squared products before recommending them to investors. If you lost money in a Virtus AlphaSector fund or F-Squared product contact an investment fraud lawyer at DKR to discuss your rights.

Puerto Rico Conservation Trust Fund and Other Puerto Rico Investment Losses

Puerto Rican residents who invested in Puerto Rico Conservation Trust Fund notes, Lehman Brothers “principal protection” notes, and RG Financial, Western Bank, and First Bank preferred shares may be able to recover their investment losses. Brokerage firms, such as UBS Financial Services, Inc. of Puerto Rico, Santander Securities, Popular Securities, and Oriental sold many of these securities as safe and secure investments. But the securities oftentimes were more risky than they were represented to be and the securities often comprised an unsuitably large concentration of investors’ brokerage accounts. Puerto Rican residents, including investors from Hato Rey, Bayamón, Ponce, San Juan, Isabela, Rincón, and Mayaguez, who lost money in these investments may be able to recover their losses through FINRA arbitration. To discuss the recovery of your investment losses, call a Spanish-speaking securities lawyer at Dimond Kaplan & Rothstein, P.A. at (888) 578-6255.

UBS Sales of V10 Enhanced FX Carry Strategy and Other Forex/Currency Transactions

DKR is investigating UBS Financial Services’ recommendations of currency and Forex products, including the UBS V10 Enhanced FX Carry Strategy. The V10 product was pitched to individual and institutional investors, including hedge funds and pension funds, as a high-yielding foreign-exchange investment that used computer algorithms to minimize the risk of losses in periods of volatility. The product has not performed as advertised, however, and investors have lost a significant amount of money. DKR is investigating whether UBS misled investors in the marketing and selling of the highly complex V10 product. DKR also is investigating UBS, Barclays, and other broker-dealers’ recommendations of foreign currency carry trade strategies. If you lost money in the UBS V10 product or in other foreign-currency transactions, including those involving the Swiss Franc or the Japanese Yen, Please contact Dimond Kaplan & Rothstein, P.A. attorney Jeffrey B. Kaplan at (888) 578-6255, (305) 374-1920, or jkaplan@dkrpa.com.

Deutsche Bank Sales of Glanmore Property Fund Limited

DKR represents a number of investors who lost money in the Glanmore Property Fund Limited, which Deutsche Bank recommended and sold the fund to wealthy investors in Mexico, Central America, and South America. Glanmore invested in United Kingdom commercial properties and was managed by Tilney, an investment management firm owned by Deutsche Bank. We believe that Deutsche Bank misrepresented the safety of Glanmore and provided inflated and inaccurate pricing information to investors. DKR is not pursuing claims against the individual brokers and advisors who sold Glanmore. Rather, DKR is pursuing claims against Deutsche Bank relating to the manner in which Deutsche Bank marketed Glanmore to investors. If you lost money in the Glanmore fund, we encourage you to contact Dimond Kaplan & Rothstein, P.A. for a free consultation about your rights and how DKR may be able to help you recover your investment losses. Our lawyers speak English, Spanish, and Portuguese.