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UBS Not Liable For Terror Attacks, 2nd Circ. Rules

By Daniel Wilson (February 14, 2013, 7:08 PM EST) -- The Second Circuit on Thursday rejected a bid to revive a $500 million lawsuit alleging UBS AG aided and abetted several deadly terrorist attacks by funneling U.S. currency to Iran in violation of U.S. sanctions, ruling the plaintiffs hadn't plausibly tied the attacks to the bank's actions....

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