Defendant Name:
UBS Financial Services Inc.
Defendant Type:
Subsidiary of Public Company
Document Reference:
lr21956-judgment
Document Details
Legal Case Name
SEC v. UBS Financial Services Inc.
Document Name
Final Judgment As to Defendant UBS Financial Services Inc.
Document Date
06-May-2011
Document Format
Civil Proceeding
Case Number
11-cv-02539
Federal District Court
New Jersey, District of New Jersey
Federal District Judge
William J. Martini
Allegation Type
Municipal Securities & Public Pensions
Document Summary
On May 6, 2011, the United States District Court for the District of New Jersey approved the settlement between the SEC and UBS Financial Services Inc. in this case. According to the settlement, without admitting or denying the allegations in the SEC's complaint, UBS has consented to the entry of a final judgment enjoining it from future violations of Section 15(c) of the Securities Exchange Act of 1934. UBS Financial Services Inc. has also agreed to pay a penalty of $32.5 million and disgorgement of $9,606,543 with prejudgment interest of $5,100,637. The settlement is subject to court approval.
Disgorgement & Penalty Information
Resolutions
Enjoinment
Fair Funds
Monetary Penalties:
Disgorgement
Individual:
$9,606,543.00
Shared:
Civil Penalty
Individual:
$32,500,000.00
Shared:
Pre-Judgment Interest
Individual:
$5,100,637.00
Shared:
