Litigation

Recent Posts

UBS To Pay $120 Million To Settle Claims Over Lehman Brothers Securities Losses
Posted on 9 Aug 2013 by Timothy Raub

NEW YORK — (Mealey’s) In a New York federal court, UBS Financial Services Inc. agreed on Aug 8 to pay $120 million to settle federal securities law claims that it misrepresented the investment quality of certain Lehman Brothers securities... Read More

Financier Stanford's Lawsuit Seeks $7.2 Billion
Posted on 21 Feb 2011 by LexisNexis Litigation Resource Community Staff

HOUSTON - (AP) Jailed Texas financier R. Allen Stanford has filed a lawsuit accusing prosecutors and federal agents of depriving him of his constitutional rights by using abusive law-enforcement tactics. He is asking for $7.2 billion in damages. The lawsuit... Read More

Top SEC Lawyer Named In Madoff Lawsuit
Posted on 23 Feb 2011 by LexisNexis Litigation Resource Community Staff

NEW YORK - (AP) The top lawyer at the Securities and Exchange Commission has been named as a defendant in a lawsuit by the trustee who's trying to recover money for victims of Bernard Madoff's Ponzi scheme. The lawsuit was filed by Irving Picard... Read More