UBS Investor Arbitration Claim Results in $81M Damages Award
Financial industry regulators have ordered UBS Financial Services, Inc. to pay $81 million to Kajeet, Inc. following an investor arbitration claim over auction-rate securities.
Financial industry regulators have ordered UBS Financial Services, Inc. to pay $81 million to Kajeet, Inc. following an investor arbitration claim over auction-rate securities.
Oppenheimer & Co. has reached a settlement with New York Attorney General Andrew Cuomo to return $31 million in losses to investors who lost money on auction-rate securities.
New York Attorney General Andrew Cuomo filed a lawsuit against Charles Schwab Corp. on Monday, accusing the brokerage firm of defrauding customers by misrepresenting the level of risk associated with…
Federal regulators have filed a lawsuit against Morgan Keegan & Co. Inc. for allegedly bilking investors of nearly $925 million by misrepresenting the safety of auction-rate securities and the state…