UBS rogue trader verdict 'leaves door open' for litigation


The jury's decision to find fraudster Kweku Adoboli not guilty of false accounting could lead to litigation against UBS, a legal expert warns.

Adoboli was this week sentenced to seven years in prison for two counts of fraud while working as a trader at UBS. However, the jury found him not guilty of four other charges of false accounting.

Dominic Auld, a securities litigation expert at US law firm Labaton Sucharow, warns the verdict "leaves the door open" for litigation. "If he's not guilty in t

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