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21Aug

Fifth Circuit Affirms Enron Broker Not Liable to Employee Stock Option Holders for False or Withheld Information

Ending a more than 15-year-long legal battle, the Fifth Circuit on May 24, 2019, unanimously affirmed the dismissal of a proposed class action against subsidiaries of UBS AG, alleging violations of U.S. securities laws for their role as a broker of...
By: Sheppard Mullin Richter & Hampton LLP
Source Url: https://www.jdsupra.com/legalnews/fifth-circuit-affirms-enron-broker-not-45691/

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