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ARS Investors Seek Lead Plaintiff Swap In UBS Case

By Christine Caulfield ( May 27, 2009, 12:00 AM EDT) -- A group of investors leading consolidated litigation against UBS AG over the collapse of the auction rate securities market has moved to step aside as lead plaintiff in the action after a judge ruled the group had forfeited its right to damages in accepting a buyback offer from the investment bank....

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