Suit Against UBS Financial Claims Securities Holders Were Overtaxed
This suit was surfaced by Law.com Radar. Read the document here.
October 07, 2021 at 03:17 PM
1 minute read
Securities Litigation
Glancy Prongay & Murray and Goodman, Hurwitz & James filed a securities class action Tuesday in New Jersey District Court against UBS Financial Services Inc. The complaint alleges that customers who acquired taxable securities in accounts managed by UBS on or after Jan. 1 2014 were subject to IRS tax overpayments when UBS failed to properly report the amount of premium bonds on customers 1099 forms. Counsel have not yet appeared for the defendant. The case is 1:21-cv-18123, Richard Goodman, Individually And As Trustee of the Richard M. Goodman Revocable Living Trust v. UBS Financial Services Inc.
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