SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of UBS Group AG

03 Nov, 2015, 11:36 ET from Bronstein, Gewirtz & Grossman, LLC

NEW YORK, Nov. 3, 2015 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of the securities of UBS Group AG. ("UBS" or the "Company") (NYSE: UBS  -News). Such investors are advised to contact Peretz Bronstein or his investor relations coordinator Eitan Kimelman at info@bgandg.com or 212-697-6484.

The investigation concerns whether UBS and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.

On November 3, 2015, pre-market, the Swiss bank announced that it has "received inquiries from authorities relating to [FIFA] and other constituent soccer associations and related persons and entities. UBS is cooperating with authorities in these inquiries." Swiss and other authorities are in the process of investigating financial corruption linked to FIFA. The Swiss case relates to criminal mismanagement at FIFA and money laundering linked to the 2018-2022 World Cup bidding contests, and in September, Switzerland's attorney general stated that he had reports of 121 accounts suspected of links to money laundering.

Following this news, shares of UBS fell $1.10, or 5.39% during intraday trading to trade at $19.31 on November 3, 2015.

If you are aware of any facts relating to this investigation, or purchased shares of UBS, you can assist this investigation by contacting Peretz Bronstein or his Investor Relations Coordinator Eitan Kimelman of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484 or via email info@bgandg.com. Those who inquire by e-mail are encouraged to include their mailing address, email and telephone number.

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.

Contact: Bronstein, Gewirtz & Grossman, LLC Peretz Bronstein or Eitan Kimelman 212-697-6484 info@bgandg.com

 

SOURCE Bronstein, Gewirtz & Grossman, LLC



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