UBS (UBS) wins the dismissal of four lawsuits by investors who bought auction-rate securities...

|About: Bank of America Corporation (BAC)|By:, SA News Editor

UBS (UBS) wins the dismissal of four lawsuits by investors who bought auction-rate securities from the Swiss bank. This could be good news for other banks facing pending cases including Citigroup (C), JPMorgan (JPM) and Merrill Lynch (BAC).

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