UBS reaches $230 mln settlement with New York over mortgage securities
20 Mar UBS reaches $230 mln settlement with New York over mortgage securities
Posted at 16:16h
in
News
by KMFSLLP
NEW YORK, March 21 (Reuters) – UBS AG has reached a
$230 million settlement to resolve charges brought by New York
state that it misled and hurt investors by selling risky
mortgage securities that contributed to the 2008 global
financial crisis.
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