National Credit Union Administration Board v. UBS Securities, LLC

  1. April 15, 2016

    Interest Charge Brings UBS Credit Union Settlement To $70M

    The federal government's credit union watchdog on Friday said that the total value of a previously announced settlement with a UBS AG unit over the sales of faulty mortgage-backed securities would balloon to around $69.8 million with the addition of prejudgment interest to the initial deal.

  2. February 25, 2016

    UBS To Pay $33M In Credit Union RMBS Deal

    A UBS AG unit will pay more than $33 million to settle claims by the National Credit Union Association that it lied on offering documents for residential mortgage-backed securities, according to an offer of judgment filed Thursday in New York federal court.

  3. June 11, 2014

    Fed. Claims Against UBS Trimmed In RMBS Suit

    A New York federal judge on Tuesday trimmed claims by the National Credit Union Administration that UBS Securities LLC violated the Securities Act while issuing toxic residential mortgage-backed securities before the financial crisis.