UBS Can't Stop Highland Transfers In $686M Fraud Suit

By Eric Hornbeck ( November 26, 2013, 2:12 PM EST) -- UBS AG can't stop Highland Capital Management LP affiliates from transferring funds despite UBS' argument that it'll be left holding the bag in a $686 million securities lawsuit, a New York state judge ruled Monday, but she gave UBS time to appeal because she said the appellate law is unclear. . . .

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