Adesa Impact

Adesa Impact

Adesa Impact auction news. IAA has locations nationwide and runs wholesale used automotive auctions.

New York sues UBS over auction rate securities

NEW YORK (MarketWatch) — New York Attorney General Andrew Cuomo on Thursday filed a lawsuit against Swiss banking giant UBS , alleging that the firm deceived investors in auction rate securities by telling clients the investments were cash equivalents. He also claimed senior executives at the firm divested themselves of $21 million of auction rate securities as the market [...]
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