UBS Execs Denied Mistrial Motion In Bid-Rigging Case

Law360, New York (August 10, 2012, 3:12 PM EDT) -- A New York federal judge overseeing the trial of three former UBS AG executives on charges they rigged bids for municipal bond contracts denied a request by one of the defendants to declare a mistrial Friday, saying jurors would not be prejudiced by a government witness's improper testimony.

U.S District Judge Kimba Wood denied a mistrial motion by Michael Welty, who is on trial along with former UBS employees Gary Heinz and Peter Ghavami. Welty's attorney Gregory Poe said the jury had been unfairly prejudiced by...
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