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UBS Faces New Lawsuit by Appaloosa Over Credit Suisse $17 Billion Bond Wipeout

UBS Faces New Lawsuit by Appaloosa Over Credit Suisse $17 Billion Bond Wipeout
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UBS faces new lawsuit by Appaloosa over Credit Suisse $17 billion bond wipeout

A new lawsuit by U.S. hedge fund Appaloosa LP accuses the former Credit Suisse of misleading investors about its health before $17 billion of its bonds were written down to zero in a.

UBS faces new lawsuit by Appaloosa over Credit Suisse $17 billion bond wipeout

By Jonathan Stempel (Reuters) - A new lawsuit by U.S. hedge fund Appaloosa LP accuses the former Credit Suisse of misleading investors about its health before $17 billion of its bonds were written down to zero in a government-orchestrated rescue by.

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