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UBS agrees to pay $1.435 billion to settle civil action involving sale of residential mortgage-backed securities

UBS AG and several of its U.S.-based affiliates (together, UBS) have agreed to pay $1.435 billion in penalties to settle a civil action filed in November 2018 alleging misconduct related to UBS’ underwriting and issuance of residential mortgage-backed securities (RMBS) issued in 2006 and 2007. This settlement resolves the last case brought by a Justice Department working group dedicated to investigating conduct of banks and other entities for their roles in creating and issuing RMBS leading up to the 2008 financial crisis. ....

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Office of Public Affairs | UBS Agrees to Pay $1.435 Billion for Fraud in the Sale of Residential Mortgage-Backed Securities

Office of Public Affairs | UBS Agrees to Pay $1.435 Billion for Fraud in the Sale of Residential Mortgage-Backed Securities
justice.gov - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from justice.gov Daily Mail and Mail on Sunday newspapers.

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U.S. Department Of Justice: UBS Agrees To Pay $1.435 Billion For Fraud In The Sale Of Residential Mortgage-Backed Securities - Settlement Brings Total Amount Of Civil Penalties Paid By Banks, Originators, And Ratings Agencies For Such Securities To Over $36 Billion

U.S. Department Of Justice: UBS Agrees To Pay $1.435 Billion For Fraud In The Sale Of Residential Mortgage-Backed Securities - Settlement Brings Total Amount Of Civil Penalties Paid By Banks, Originators, And Ratings Agencies For Such Securities To Over $36 Billion
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New York , United States , United Kingdom , Vanita Gupta , Brian Tomney , Michaelj Castiglione , Armen Adzhemyan , Edwardk Newman , Freddie Mac , Andresh Sandoval , Ryan Buchanan , Brianm Boynton , Richardk Hayes , Austinm Hall , Melanie Speight , Goldman Sachs , Deutsche Bank , Office Of The Special Inspector , Department Of Housing , Asset Relief Program , Wells Fargo , Department Of Justice , Credit Suisse , Morgan Stanley , Royal Bank , Justice Department ,

GOVERNMENT SETTLES PHARMACY FRAUD CASE BROUGHT BY WHISTLEBLOWER LAW COLLABORATIVE CLIENT FOR $6.87 MILLION

GOVERNMENT SETTLES PHARMACY FRAUD CASE BROUGHT BY WHISTLEBLOWER LAW COLLABORATIVE CLIENT FOR $6.87 MILLION
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GOVERNMENT SETTLES PHARMACY FRAUD CASE BROUGHT BY WHISTLEBLOWER LAW COLLABORATIVE CLIENT FOR $6.87 MILLION

GOVERNMENT SETTLES PHARMACY FRAUD CASE BROUGHT BY WHISTLEBLOWER LAW COLLABORATIVE CLIENT FOR $6.87 MILLION
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.

United States , Julie Bracker , Joshua Russ , Jason Marcus , Anthony Decinque , Neeli Ben David , Allison Cook , Armen Adzhemyan , Suzanne Durrell , David Ws Lieberman , Whistleblower Law Collaborative , Life Health Holdings Inc , Dermatran Health Solutions , Insurance Administrative Solutions , Gulfcoast Administrators , Mutual Insurance Company , Pharmacy Insurance Administrators , False Claims Act , State Mutual Insurance Company , President Delos Yancey , State Mutual Insurance , Insurance Administrators , Health Holdings , Claims Act , Northern District , Law Collaborative ,