The Securities Arbitration Law Firm of Klayman & Toskes (“K&T”), www.nasd-law.com, announced today that it filed a $3,000,000 claim against Morgan Stanley Smith Barney (“MSSB”) on behalf of a UPS (NYSE:UPS) employee for losses sustained as a result of maintaining a concentrated, leveraged position in UPS stock. The suit was filed with FINRA’s arbitration department. According to the Claim, the Claimant worked over 35 years with UPS and accumulated shares of the company through UPS’ Managers Incentive Program. In addition to acquiring company stock, the Claimant opened a Hypothecation Loan whereby the UPS stock served as collateral. Claimant’s UPS stock was held at MSSB which offered him the line of credit. While MSSB loaned the Claimant money whereby Claimant’s UPS stock served as collateral against the loan, MSSB failed to recommend a collar as a risk management strategy for the concentrated position in UPS stock. MSSB and its financial advisors facilitated the unsuitable investment strategy of borrowing against a concentrated stock position without a collar in place. By failing to protect the concentrated position and/or recommend risk management strategies, the Claimant received margin calls which triggered the sale of shares of UPS stock. This case is about the unsuitable investment strategy and failure of MSSB to recommend a collar as a risk management strategy to protect the Claimant’s life savings. The sole purpose of this release is to investigate, on behalf of our clients, the sales practices of MSSB in connection with the handling of concentrated, leveraged stock portfolios for UPS employees. Current and former UPS employees who held accounts with MSSB and have information relating to the manner in which the firm handled their concentrated, leveraged portfolios, are encouraged to 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 www.nasd-law.com.