NEW YORK, July 10, 2009 (GLOBE NEWSWIRE) -- The Securities Law Firm of Klayman & Toskes ("K&T"), www.nasd-law.com, announced today that it filed an arbitration claim against UBS (NYSE:UBS) on behalf of a two retirees, for losses sustained as a result of the brokerage firm's unsuitable investment recommendations. The suit was filed with the Financial Industry Regulatory Authority's (FINRA) Department of Arbitration. Specifically, the Claimants, at the direction of their UBS advisor, invested a substantial amount of money in structured warrants, which were represented to be safe, low risk investments. When recommending these products, the advisor stated that the warrants were ideal for the Claimants and were designed for "security" and "designed for a downturn." In his words, there were "no surprises" related to these products. However, structured warrants carry significant risks and are not suitable for all investors. Unfortunately, the Claimants were never told that these warrants were speculative investments that were highly illiquid and risky. As a result of UBS' failure to disclose the risks associated with structured warrants, the Claimants sustained significant economic losses.

Retail and institutional investors who have sustained investment losses in structured products, including structured warrants, can contact K&T to explore their legal rights and options. The attorneys at K&T are dedicated to pursuing claims on behalf of investors who have suffered investment losses. K&T, an experienced, qualified and nationally recognized securities litigation law firm, practices exclusively in the field of securities arbitration and litigation. It continues its representation of investors throughout the world in securities arbitration and litigation matters against major Wall Street brokerage firms.

If you wish to discuss this announcement or have investment losses of $250,000 or more, please contact Steven D. Toskes or Jahan K. Manasseh, Esquire of Klayman & Toskes, P.A., at 888-997-9956 or visit us on the web at http://www.nasd-law.com.

CONTACT:  Klayman & Toskes, P.A.
          Steven D. Toskes
          Jahan K. Manasseh
          888-997-9956
          http://www.nasd-law.com