Cuomo Sues UBS for Securities Fraud
This article is from the archive of The New York Sun before the launch of its new website in 2022. The Sun has neither altered nor updated such articles but will seek to correct any errors, mis-categorizations or other problems introduced during transfer.
Attorney General Cuomo sued banking giant UBS yesterday, accusing the company of fraudulently promoting tens of billions of dollars of auction-rate securities as safe when it knew a crisis was brewing.
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