Violation Tracker Individual Record
Company:UBS Securities LLC and UBS Financial Services, Inc.
Date:August 8, 2008
Primary Offense:investor protection violation
UBS agreed to buy back $11 billion in securities and pay $150 million in penalties as part of the resolution of multistate litigation alleging it misled customers in the marketing and sale of auction rate securities.
Level of Government:state
Action Type:agency action
Agency:Multistate Attorneys General Case
Civil or Criminal Case:civil
HQ Country of Parent:Switzerland
Ownership Structure of Parent:publicly traded
Major Industry of Parent:financial services
Specific Industry of Parent:banking & securities
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