Judge Tosses Genesco Investor's Suit Against UBS

Law360, New York (January 9, 2009, 12:00 AM EST) -- A federal judge has thrown out a putative class action filed by an investor in footwear company Genesco Inc., who alleged that financial services giant UBS AG unfairly derailed a failed 2007 acquisition of Genesco by athletic apparel retailer The Finish Line Inc.

On Wednesday, Judge Charles P. Sifton issued a judgment for UBS dismissing the complaint in the U.S. District Court for the Eastern District of New York on the grounds that the plaintiff’s breach of contract claim had already been raised in a previous...
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