{"id":11808,"date":"2009-09-10T06:01:36","date_gmt":"2009-09-10T10:01:36","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=11808"},"modified":"2009-09-10T06:01:36","modified_gmt":"2009-09-10T10:01:36","slug":"court-orders-ubs-to-post-35-mln-bond-in-fraud-case","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2009\/court-orders-ubs-to-post-35-mln-bond-in-fraud-case.html","title":{"rendered":"Court orders UBS to post $35 mln bond in fraud case"},"content":{"rendered":"<p>Forbes &#8211; A Connecticut court ordered UBS to pledge assets or post a $35 million bond after finding &#8216;probable cause&#8217; that the bank committed securities fraud in a deal with Pursuit Partners, the hedge fund&#8217;s lawyers said on Wednesday.<\/p>\n<p>Superior Court Judge John Blawie found probable cause that UBS used secret insider information obtained from its relationship with ratings agencies Moody&#8217;s and Standard &amp; Poor&#8217;s to commit securities fraud in the sale of collateralized debt obligation notes to Pursuit.<\/p>\n<p><a title=\"Read Complete Article\" href=\"http:\/\/www.forbes.com\/feeds\/afx\/2009\/09\/10\/afx6867699.html\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Forbes &#8211; A Connecticut court ordered UBS to pledge assets or post a $35 million bond after finding &#8216;probable cause&#8217; that the bank committed securities fraud in a deal with Pursuit Partners, the hedge fund&#8217;s lawyers said on Wednesday. Superior [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-11808","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/11808","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=11808"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/11808\/revisions"}],"predecessor-version":[{"id":11810,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/11808\/revisions\/11810"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=11808"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=11808"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=11808"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}