Banking giants UBS AG and HSBC Bank USA NA have each agreed to pay $14 million to settle class action claims. Read more
For the purposes of the settlement, the bondholders are also seeking certification of their putative class. Read more
The settlement would end nearly eight years of litigation that have resulted in more than $226 million in payouts from 11 Defendants, including Morgan Stanley and JPMorgan Chase. Read more
In December 2012, UBS AG entered into a settlement agreement with the U.S. Department of Justice (DOJ), in which the U.S. agreed not to prosecute the bank on the condition that it “commit no... Read more
Swiss banking giant UBS agreed last month to pay $545 million to settle an investigation by U.S. authorities into its role in manipulating interest and currency rates. UBS agreed to plead gu... Read more
U.S. District Judge Katherine Polk Failla of the Southern District of New York ruled recently that a whistleblower’s retaliation claim under the Dodd-Frank Act must go through pre-dispute ar... Read more
UBS, the Swiss banking giant, entered into a record settlement with global authorities last month, agreeing to a combined $1.5 billion in fines for its role in a multi-year scheme to manipul... Read more
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