July 13, 2023
A New Jersey federal court gave preliminary approval to a $2.5 million settlement that would resolve claims that UBS Financial Services cost its bondholders millions of dollars by misrepresenting bond premiums after incorrectly reporting tax information.
June 12, 2023
A UBS Financial Services bondholder asked a New Jersey federal judge to give initial approval to a $2.5 million settlement to resolve claims that the company cost its bondholders millions of dollars in taxes by misreporting bond premiums.
June 30, 2022
A New Jersey federal judge Thursday dismissed parts of a man's suit against UBS Financial Services arguing it cost bondholders millions in taxes by misreporting bond premiums, but the judge allowed claims alleging negligence and breach of contract to proceed.