HSH Nordbank AG v. UBS, et al.

Updated: April 30, 2014
Status: Ongoing Case
Labaton Sucharow filed an action against UBS on behalf of investors in certain residential mortgage-backed securities (RMBS) issued and sold by UBS.

Plaintiffs allege that UBS misrepresented the quality of more than $150 million worth of residential mortgage-backed securities.

On April 30, 2014, the court heard oral arguments on motion to dismiss. The ruling is still pending.

The case is HSH Nordbank AG v. UBS et al., No. 654574/2012, in the Supreme Court of the State of New York, County of New York.