Tuesday, March 22, 2016

$1.2 million Ramos v UBS of Puerto Rico Award

In March 2016, a FINRA arbitration panel in San Juan, PR ordered UBS Financial Services and UBS Financial Services of Puerto Rico to pay $1.2 million in compensatory damages and expert costs. The panel also ordered the Claimant to pay $156,433 in connection with a debit balance. You can read the award here. Dr. McCann testified on liability and damages over UBS Puerto Rico's sale of UBS Puerto Rico municipal bond closed end funds.

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