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9th Circ. Skeptical UBS Account Suit Can Proceed In Calif.

By Cara Bayles (February 13, 2017, 10:47 PM EST) -- A Ninth Circuit panel appeared unconvinced Monday by a proposed customer class accusing UBS of illegally closing accounts and seizing funds, with two judges noting that the plaintiff's argument for imposing jurisdiction over the foreign bank flouted U.S. Supreme Court precedent....

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