5th Circ. Won't Revive UBS Win In 17-Year-Old Enron Info Suit

By Dave Simpson (May 24, 2019, 10:56 PM EDT) -- The Fifth Circuit declined Friday to revive a proposed class action alleging UBS AG units could have done more to warn of Enron's infamous fraud scheme, finding that the investors failed to allege the entities had material, nonpublic knowledge to disclose and a duty to do so....

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