NEW YORK - A federal district court did not err in partially denying a motion to dismiss filed by UBS Americas Inc. and various affiliated entities and individuals (collectively, UBS entities) because the Federal Housing Finance Agency's (FHFA) filing of its complaint against the UBS entities was timely and because it had standing to bring the claims, a Second Circuit U.S. Court of Appeals panel ruled April 5 (Federal Housing Finance Agency v. UBS Americas Inc., et al., No. 12-3207, 2nd Cir....(read more)
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