Violation Tracker Individual Record
Company:UBS Financial Services, Inc.
Date:July 16, 2007
Offense Group:financial offenses
Primary Offense:investor protection violation
UBS agreed to pay $23.3 million to settle allegations that it placed thousands of traditional brokerage customers to InsightOne accounts, falsely promising comprehensive and sophisticated financial planning services.
Level of Government:state
Action Type:agency action
Agency:New York Attorney General
Civil or Criminal Case:civil
Facility State:New York
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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