The Securities Arbitration Law Firm of Klayman & Toskes Continues to Investigate Claims On Behalf of Current and Former UPS Employees Who Held Concentrated Positions in UPS Stock on Margin/Hypo Loans

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NEW YORK--(Business Wire)--
The Securities Arbitration Law Firm of Klayman & Toskes ("K&T"),
www.nasd-law.com, announced today that it is continuing to investigate claims
against full service brokerage firms on behalf of current and former United
Parcel Service ("UPS") (NYSE:UPS) employees for losses sustained as a result of
maintaining a concentrated, leveraged position in UPS stock. Many UPS employees
who obtained company stock as a form of compensation, either through the
employee stock option plan ("ESOP") or employee stock purchase plan ("ESPP"),
and later transferred it to a full service brokerage firm, were encouraged to
take out a "hypothecation loan," also known as a "hypo loan." A hypo loan is
obtained by pledging securities or other assets as collateral to secure a loan.
In this case, the UPS stock served as collateral for the loan. Unfortunately,
many UPS employees were never advised of the risks associated with maintaining a
hypo loan, including the risk of a margin call. When the price of UPS stock
declined from October 2008 through April 2009, many UPS employees had their
stock liquidated thereby decimating their investment portfolio.

Additionally, in many accounts, the UPS stock represented a concentrated
position. However, many UPS employees were unaware of the risks associated with
owning a concentrated account. Moreover, many brokerage firms failed to explain
how the use of risk management strategies, like a zero-cost collar, protective
put options, stop loss orders and/or an exchange fund, could have protected the
concentrated UPS position.

The effects of margin on a concentrated stock position substantially increase
the risk to the account. Once the account receives a margin call as a result of
the decline in share price of the UPS stock, a forced liquidation of the stock
can occur, which precludes the investor from recovering their losses through a
potential rebound in the price of UPS stock. In many cases, had the investor not
been on margin, the UPS stock would not have been liquidated to meet a margin
call, thereby providing it with an opportunity to recover given that the price
of UPS stock came back in value since 2009.

Current and former UPS employees who have sustained investment losses 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
substantial 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 in UPS stock, please contact Steven D. Toskes, Esquire 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.

Klayman & Toskes, P.A.
Steven D. Toskes, Esquire, 888-997-9956
or
Jahan K. Manasseh, Esquire, 888-997-9956

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