For Investors Who Were Sold ETRACS Alerian MLP Infrastructure Index ETN: How UBS Can Be Liable For Losses

Were you sold ETRACS Alerian MLP Infrastructure Index ETN by your UBS broker? If so, the attorneys at Stoltmann Law Offices are interested in speaking to you about those losses. Master Limited Partnerships (MLPs), such as ETRACS, are business ventures that exist in the form of a publicly traded limited partnership and tend to operate in the energy, oil and gas industry, providing and managing energy, oil and gas resources. MLPs tend to be extremely risky and highly illiquid securities, what with the price of oil dipping low in the past few years. UBS/UBS AG issued and underwrote the stocks for ETRACS and the firm then subsequently sold it to their clients. In January 2016, UBS announced that it was closing the ETRACS 2x Monthly Leveraged Long Alerian MLP ETN fund after it suffered significant losses. The market-linked notes that

UBS underwrote and managed and sold included:
UBS ETRACS Alerian MLP Index ETN (AMU)
UBS ETRACS 2X Monthly Leveraged S&P MLP Index ETN (MLPV)
UBS ETRACS Alerian MLP Infrastructure Index ETN (MLPI)
UBS ETRACS 2X Monthly Leveraged Long Alerian MLP Infrastructure Index ETN (MLPL)
UBS ETRACS CMCI Energy Total Return ETN (UBN)
UBS ETRACS CMCI Total Return ETN (UCI) and
UBS ETRACS Bloomberg Commodity Index Total Return (DJCI)

If your UBS broker recommended or sold to you any of the above securities, you may be able to bring a claim against the firm in the Financial Industry Regulatory Authority (FINRA) arbitration forum on a contingency fee basis. Please call our Chicago-based securities law firm today for a no-cost, no-obligation consultation with one of our attorneys. There is a statute of limitations on most cases, so please call as soon as possible.