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Tom Hayes Slaps UBS With $400M Malicious Prosecution Suit

By Hailey Konnath ( October 27, 2025, 11:38 PM EDT) -- Former UBS trader Tom Hayes has filed a $400 million suit against his old employer, claiming the company "maliciously" framed him as the "evil mastermind" behind the company's Libor scandal despite the fact that he was explicitly directed to try to influence Libor submissions while at UBS....

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