The Spencer Law Firm currently represent multiple clients in a federal action requesting class certification against “UBS” (UBS Financial Services, Inc. and UBS Warburg LLC). The class alleges UBS violated the anti-fraud provisions of the federal securities laws by failing to disclose to its retail brokerage clients purchasing Enron securities in UBS (formerly PaineWebber) accounts that Enron’s public financial appearance was materially manipulated and false. Plaintiffs contend UBS gained this knowledge through its multi-year investment and commercial banking activities with Enron. For more information regarding this matter, please visit www.painewebberfraudclaims.com.
