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1st Circ. Nixes $301M Fraud Suit Against Real Estate Owners

By Sindhu Sundar (June 12, 2013, 10:57 PM EDT) -- The First Circuit on Wednesday tossed Boston Property Exchange Transfer Co.'s challenge of its defeat in a $301 million malpractice and contract suit against real estate owners who had been assigned its arbitration claims over securities losses against UBS AG brokerage unit PaineWebber Inc....

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