1861 Capital Management Funds: Investigation Into Potential Claims Being Conducted by David R. Chase, P.A. Law Firm, Headed by Former SEC Prosecutor

FORT LAUDERDALE, Fla., Aug. 16, 2010 (GLOBE NEWSWIRE) -- David R. Chase, P.A., www.davidchaselaw.com, a law firm representing investors nationwide and headed by former SEC Prosecutor David R. Chase, announces that it is investigating potential claims against UBS and other securities brokerage firms that sold the 1861 Capital Management Funds.  The 1861 Capital Management Funds collapsed in February 2008, resulting in devastating losses to investors.

It is believed that UBS sold the following fixed income arbitrage funds: 1861 Capital Municipal Enterprise Domestic Fund, LP, 1861 Capital Municipal Enterprise Offshore Fund, Ltd., 1861 Capital Discovery Domestic Fund, LP, and 1861 Capital Discovery Offshore Fund, Ltd. 

The law firm is investigating whether securities brokerage firms, including UBS, misrepresented the 1861 Capital Management Funds as safe and secure fixed income products that were particularly suitable for retirees and the elderly, and failed to adequately disclose the true speculative nature and substantial risks inherent in these investments. 

Currently, the law firm of David R. Chase, P.A. is representing other investors throughout the nation who suffered substantial losses in leveraged municipal bond arbitrage funds, specifically the Aravali Fund, sold by Deutsche Bank Securities, Inc. 

The Law Office of David R. Chase, P.A., based in Fort Lauderdale, Florida, represents investors nationwide in cases against the major Wall Street Firms. The Firm's principal, David R. Chase, has been practicing for over 17 years, is AV-Rated by Martindale-Hubbell -- its highest competence and ethics rating -- and previously served as a securities prosecutor for the Federal Government. More about the firm is available on its website at: www.davidchaselaw.com. ;

If you or a family member suffered losses in the 1861 Capital Management Funds and wish to discuss your legal rights, or you have information about this matter, please contact: