$160M Blow For UBS In Muni Case
Posted on May 05, 2011 at 19:32 PM EDT
UBS AG (NYSE:UBS) has agreed to pay $160.3 million in an effort to reach a settlement with the regulators over allegations related to its fraudulent activities associated with the municipal bond derivative market. The settlement was reached between UBS AG and the Securities and Exchange Commission (SEC), the US Internal Revenue Service (IRS), US Department [...]
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