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UBS Faces IndyMac MBS Claims Again After 2nd Circ. Ruling

By Stewart Bishop ( July 24, 2013, 2:49 PM EDT) -- A federal judge overseeing a class action accusing units of UBS AG and other banks of not disclosing inherent risks in IndyMac Bank's mortgage-backed securities revived claims Tuesday over offerings in which investors didn't personally invest, following the Second Circuit's allowance of similar claims against Goldman Sachs & Co. . . .

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