UBS, Swiss finance blog settle Credit Suisse legacy lawsuit

  • 📰 KitcoNewsNOW
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 78%

Business News News

Business Business Latest News,Business Business Headlines

Market News

ZURICH, Aug 29 - UBS and Inside Paradeplatz have settled a lawsuit initially brought against the popular Zurich based finance blog by Credit Suisse, the publication said on Tuesday.

As part of the settlement, Inside Paradeplatz agreed to delete or amend user comments and three passages from posts. The remaining claims where dropped.Credit Suisse launched a lawsuit against the blog, widely read in Swiss finance circles, in December over user comments left under posts. It is the second Credit Suisse case that UBS has resolved since taking over its former rival and inheriting its legal battles.

Last month, UBS was ordered to pay $388 million to British and U.S. regulators over Credit Suisse's dealings with private investment firm Archegos Capital Management.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 13. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

UBS, Swiss finance blog settle Credit Suisse legacy lawsuitUBS and Inside Paradeplatz have settled a lawsuit initially brought against the popular Zurich based finance blog by Credit Suisse, the publication said on Tuesday. As part of the settlement, Inside Paradeplatz agreed to delete or amend user comments and three passages from posts. Credit Suisse launched a lawsuit against the blog, widely read in Swiss finance circles, in December over user comments left under posts.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

UBS, Swiss finance blog settle Credit Suisse legacy lawsuitZURICH (Reuters) - UBS and Inside Paradeplatz have settled a lawsuit initially brought against the popular Zurich based finance blog by Credit Suisse, ...
Source: SaltWire Network - 🏆 45. / 63 Read more »