UBS Takes Aim At Feds' Fraud Suit Over Crisis-Era RMBS
By Dean Seal ( January 14, 2019, 8:56 PM EST) -- UBS AG told a New York federal judge on Friday that the U.S. Department of Justice's lawsuit accusing it of defrauding investors through the sale of residential mortgage-backed securities leading up to the financial crisis should be dismissed, saying the case is based on an overly broad and legally unsupported interpretation of a financial institutions reform act....
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