The Securities Arbitration Law Firm of Klayman & Toskes (“K&T”), www.recoverubswillowfundlosses.com, announced today that it is investigating UBS Financial Services (NYSE: UBS) in connection with the sale of investments in UBS Willow Fund (“Willow Fund”) to the firm’s customers. The Willow Fund is a private hedge fund which was formed in 2000. In October of 2012, investors were notified that the Fund would be liquidated. The Willow Fund’s Report to Shareholders, filed with the SEC on September 6, 2013, stated that "The Fund does not hold investments as of June 30, 2013." While many investors were advised that the Fund was a safe, low risk product, the Fund declined about 80%.

“The Fund does not hold investments as of June 30, 2013.”

K&T is investigating whether UBS adequately disclosed the risks associated with the UBS Willow Fund, as well as whether investors’ portfolios were over-concentrated in the Fund. The individual brokers and advisors who sold the UBS Willow Fund are not the target of this investigation. Instead, K&T is looking into UBS’s conduct in connection with its marketing of the Fund to its customers. Further, the law firm is investigating whether the UBS Willow Fund deviated from its disclosed strategy of investing in distressed debt, and instead started speculating in foreign sovereign debt credit default swaps. It is believed that these credit default swaps eventually led to the collapse of the fund, and caused investors to lose a substantial portion of their investment.

K&T, an experienced, qualified and nationally recognized securities litigation law firm, practices exclusively in the field of securities arbitration and litigation on a national scale. If you have information relating to this investigation, please contact Steven D. Toskes or Jahan K. Manasseh of Klayman & Toskes, P.A., at 888-997-9956, or visit us on the web at www.recoverubswillowfundlosses.com.