UBS Wants Hayes' $400M Malicious Prosecution Suit Axed

By Jon Hill ( January 27, 2026, 9:06 PM EST) -- UBS AG has asked a Connecticut state court to throw out former trader Tom Hayes' lawsuit that alleges the bank scapegoated him for Libor-rigging, arguing the case doesn't belong in the state and improperly seeks to punish the bank for cooperating with prosecutors....

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