A Bernie Madoff creditor cannot ditch the bankruptcy process to directly sue UBS for establishing feeder funds that helped Madoff defraud investors of billions, the Second Circuit ruled.
Read moreAn man who exposed the largest tax fraud in history claims in court that UBS smeared him after he came out with a book about blowing the whistle on Swiss banking schemes
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The Ninth Circuit on Friday rejected a request by a Bahamian trust belonging to a deceased Indonesian politician to sue Swiss banking giant UBS AG in California just because it does business there.
Read moreThe Ninth Circuit signaled on Monday that it will not allow a Bahamian trust belonging to former Indonesian Vice President Adam Malik to sue Swiss banking giant UBS AG in California solely because the bank operates two branches there.
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