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UBS to face whistleblower lawsuit

Whistle

A U.S. judge has ordered UBS to face a lawsuit by a former bond strategist who said he was fired in retaliation for refusing to publish misleading research reports and complaining about being pressured to do so.

JPMorgan in Madoff win

Bernie Madoff

JPMorgan Chase is not liable to a group of former customers of Bernard Madoff who blamed the bank for being actively involved in his Ponzi scheme and ignoring red flags of fraud, a federal appeals court ruled on Wednesday.

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UBS to face whistleblower lawsuit

A U.S. judge has ordered UBS to face a lawsuit by a former bond strategist who said he was fired in retaliation for refusing to publish misleading research reports and complaining about being pressured to do so.