NEW YORK, Nov. 3, 2015 /PRNewswire/ -- Attorney Advertising
-- Bronstein, Gewirtz & Grossman, LLC is investigating
potential claims on behalf of purchasers of the securities of UBS
Group AG. ("UBS" or the "Company") (NYSE: UBS
-News). Such investors are advised to contact
Peretz Bronstein or his investor
relations coordinator Eitan Kimelman
at info@bgandg.com or 212-697-6484.
The investigation concerns whether UBS and certain of its
officers and/or directors have violated Sections 10(b) and 20(a) of
the Securities Exchange Act of 1934.
On November 3, 2015, pre-market,
the Swiss bank announced that it has "received inquiries from
authorities relating to [FIFA] and other constituent soccer
associations and related persons and entities. UBS is
cooperating with authorities in these inquiries." Swiss and
other authorities are in the process of investigating financial
corruption linked to FIFA. The Swiss case relates to criminal
mismanagement at FIFA and money laundering linked to the 2018-2022
World Cup bidding contests, and in September, Switzerland's attorney general stated that he
had reports of 121 accounts suspected of links to money
laundering.
Following this news, shares of UBS fell $1.10, or 5.39% during intraday trading to trade
at $19.31 on November 3, 2015.
If you are aware of any facts relating to this investigation, or
purchased shares of UBS, you can assist this investigation by
contacting Peretz Bronstein or his
Investor Relations Coordinator Eitan
Kimelman of Bronstein, Gewirtz & Grossman, LLC at
212-697-6484 or via email info@bgandg.com. Those who inquire
by e-mail are encouraged to include their mailing address, email
and telephone number.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation
boutique. Our primary expertise is the aggressive pursuit of
litigation claims on behalf of our clients. In addition to
representing institutions and other investor plaintiffs in class
action security litigation, the firm's expertise includes general
corporate and commercial litigation, as well as securities
arbitration. Attorney advertising. Prior results do not guarantee
similar outcomes.
Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Eitan Kimelman 212-697-6484
info@bgandg.com
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/shareholder-alert-bronstein-gewirtz--grossman-llc-announces-investigation-of-ubs-group-ag-300171323.html
SOURCE Bronstein, Gewirtz & Grossman, LLC