Federal Judge Certifies Classes In Action Against Ernst & Young, UBS

Federal Judge Certifies Classes In Action Against Ernst & Young, UBS

NEW YORK - A federal judge in New York on Jan. 23 certified two classes in an investor suit against Ernst & Young LLP (E&Y) and UBS Financial Services Inc. (UBS) that is part of a multidistrict litigation arising from the bankrupt Lehman Brothers Holdings Inc.'s securities offerings (In re: Lehman Brothers Securities and ERISA Litigation, MDL No. 09-2017 $(In re: Lehman Brothers Equity/Debt Securities Litigation, No. 08-5523$), S.D. N.Y.).

Find full version on lexis Advance®
Access this news story on lexis.com®