Credit Union Watchdog Says UBS Falsely Sold $1.1B In RMBS

By Daniel Wilson · September 7, 2012, 12:44 PM EDT

The National Credit Union Administration Board on Thursday hit a UBS AG unit with claims that the banking giant misrepresented the risk of more than $1.1 billion in residential mortgage-backed securities...

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Case Information

Case Title

National Credit Union Administration Board v. UBS Securities, LLC et al

Case Number

2:12-cv-02591

Court

Kansas

Nature of Suit

Securities/Commodities

Date Filed

September 06, 2012