Archive for the ‘Auction Rate Securities’ Category

New York Attorney General Charges UBS with Misrepresenting ARS’s

Friday, July 25th, 2008

According to the Wall Street Journal, New York Attorney General Andrew Cuomo has sued UBS, claiming that the Zurich-based banking giant misrepresented “to clients the risks of auction-rate securities before the $330 billion auction-rate market seized up earlier this year.” (more…)




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