"These things were misnamed, they were mismarketed and there was insufficient disclosure. UBS is a disgrace. They ought to just pay these people and take this stuff back."
--Seth Lipner, of law firm Deutsch & Lipner, on why he is bringing arbitration cases against UBS for selling Lehman Brothers-backed principal-protected note.s.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts
