07/26/2008
UBS hit with New York auction-rate security suit
New York State Attorney General Andrew Cuomo Thursday brought a multi-billion dollar civil lawsuit against the Swiss banking giant UBS for allegedly pushing everyday investors into buying troubled auction-rate securities.
It is interesting to observe that UBS seems to have removed its videoclip on CSR from its website.
Read press release
Read UB complaint
10:20 Posted in Switzerland | Permalink | Comments (0)
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