March 25, 2026
A New York federal judge on Wednesday trimmed a proposed class action alleging USB Financial Services Inc. put customers' money in low-yielding "cash sweep" accounts in breach of their contract, tossing a single duplicative unjust enrichment claim but allowing the contract claims to proceed.
October 09, 2024
Two UBS customers suing the investment bank on allegations of shortchanging them with low-yielding cash sweep accounts moved Tuesday to consolidate their proposed class actions in New York federal court and install three firms at the helm.