Watch UBS pay, and pay, for subprime mistakes
HSH Nordbank will sue UBS to recover “significant†losses it suffered when UBS mis-sold – read “mismarked†– and mismanaged subprime securities, BBC News tells us.Â
HSH is one of Germany’s largest banking institutions, and will bring the suit in New York. We’ve said that UBS can expect a slew of such lawsuits, following news of a U.S. criminal investigation, as well as SEC probes over UBS-AG’s questionable valuation and pricing of subprime investments.
UBS customers should move now to learn whether they have been damaged by UBS mis-dealings.
Our affiliation of lawyers is actively involved in advising individual and institutional investors in evaluating their legal options when confronted with subprime and other mortgage related investment losses.Â
May 24th, 2008 at 10:49 am
I WAS STUCK BY UBS ON STD LOANS I WAS TOD SAFE SAME AS CASH. MY MONEY IS FROZE .
May 24th, 2008 at 10:53 am
THARE IS NO USE TRYING TO TALK TO LOUISIANA ELECTED OFFICAL ABOUT UBS TAKING OUR MONEY AND TELLING US IT WAS SAME AS CASK UBS FRIZE OUR MONEY.
May 24th, 2008 at 10:54 am
SORRY ABOUT THE SPELLING ( FROZE )