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: FinancialCounselUBS Securities Whacked By $81 Million Award Relating To Sale Of Auction Rate Securities
By James Eccleston
An arbitration panel has ruled that UBS Financial Services must pay kids' cell phone maker Kajeet Inc. nearly $81 million in damages. The arbitration action before FINRA related to UBS' sale of student-loan auction rate securities to the company.
Full post as published by FinancialCounsel on September 07, 2010 (boomark / email).
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