UBS targeted by more lawsuits over Lehman-backed structured notes

Vernon Healy, a Florida-based law firm, filed two arbitration claims against UBS Wealth Management on February 16 over its distribution of Lehman Brothers-backed structured notes and other inappropriate investments.

Both cases went to the arbitration process of the Financial Industry Regulatory Authority (Finra), with one filing taking place in Florida and the other in Texas.

The case in Texas focused solely on a Lehman-backed note sold to the client by UBS. Vernon Healy’s client was advised to

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Register

Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here