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Legal News

: Lawyers and Settlements

Broker Insists Auction-Rate Securities are Still Safe

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Los Angeles, CA: Natalie handed her life savings over to a UBS Financial Services broker with explicit instructions to invest in certificates of deposit (CD). Instead, they were put into auction-rate securities and despite the collapse of that market, the broker still insists Natalie's investment is not at risk.

Full post as published by Lawyers and Settlements on May 01, 2008 (boomark / email).

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