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February 9, 2009

UBS and the foreign plaintiffs: an "f-cubed" class action story

In response to UBS's $48.6 billion write-down on its mortgage-backed securities, investors claim that the bank issued false and misleading statements about its risk management controls, its exposure to risky assets, and the value of the securities on its books. Motley Rice serves as co-lead counsel for the plaintiffs.

Read about the case in The Am Law Litigation Daily.