June 06, 2019
An Illinois federal judge ruled Wednesday to compel a proposed class of ex-UBS employees to arbitration with the banking titan in a suit over allegations that it forced laid-off workers to sign away any claims against it in order to receive deferred compensation.
March 19, 2018
An Illinois federal judge on Monday rejected UBS Securities LLC's attempt to dismiss or force arbitration of proposed class and collective action allegations that it forces laid-off workers to sign away any claims against it in order to receive some deferred compensation, a scheme that allegedly disproportionately affects its older staff.
March 31, 2017
An Illinois federal judge said Friday he will not allow a putative class of former UBS Securities LLC employees to put their suit against the brokerage on hold until the U.S. Supreme Court rules on the legality of arbitration agreements with class action waivers.
December 13, 2016
UBS Securities was hit with a putative class action Monday alleging the company forced laid-off employees to sign away any claims against the company in order to receive their deferred compensation, a policy the suit claims disproportionately affected its older staff.