UBS Puerto Rico Bond Funds Investor Story

The finances of many residents of Puerto Rico were devastated by the losses that took place in UBS closed end Puerto Rico bond funds.  Many retirees, near retirees and other conservative clients sustained massive losses in mutual funds that were pitched as conservative or at least less volatile than the stock market.  The New York Post recently profiled the case of a Harlem educator who lost $400,000 in the UBS Puerto Rico funds.  Vivian Falto alleges in a FINRA arbitration claim her life has been turned into a “financial hell” and she was promised the bonds were “secure and there was no risk.”

Sound familiar? Unfortunately, these sorts of representations were made to most of our clients who are now suing UBS for Puerto Rico related investment losses.  The impact of these losses have proven too much for some investors to handle.  Fortunately, despite the recent freeze on UBS related Puerto Rico FIRNA cases, investors with securities fraud claims against UBS and Merrill Lynch can attempt to recoup those losses through the FINRA arbitration process.  To learn more please see

The posting on this site are mere OPINIONS and NOT statements of fact in any way whatsoever. The information should not be relied upon and there have been no findings made against the firms or individuals referenced on this site. In addition, this Blog is made available for educational purposes only and incorporates information from the web as well as to give you general information and a general understanding of the law, not to provide specific legal advice. By using this blog site you understand that there is no attorney client relationship between you and Stoltmann Law Offices (10 S. LaSalle, Suite 3500, CHICAGO, IL 60010, 312.332.4200). The Blog opinions should not be used as a substitute for competent legal advice from a licensed professional attorney in your state. PLEASE NOTE THIS IS ADVERTISING AND IT IS NOT A NEWSPAPER ARTICLE OR POST FROM AN INDEPENDENT OR NON-BIASED, NEWS SITE, NEWS SOURCE OR NEWSPAPER.