close
Fox News Flash top headlines are here. Check out what’s clicking on Foxnews.com.
UBS and Inside Paradeplatz have settled a lawsuit initially brought against the popular Zurich based finance blog by Credit Suisse, the publication said on Tuesday.
As part of the settlement, Inside Paradeplatz agreed to delete or amend user comments and three passages from posts. The remaining claims where dropped.
A spokesperson for UBS confirmed that the Swiss bank and blog had settled the case.
REGULATORY REVIEW OF 30 SWISS BANKS UNCOVERS INADEQUATE MONEY LAUNDERING RISK ANALYSIS
The logo of Swiss bank UBS is seen at the company’s office at the Bahnhofstrasse in Zurich in this July 1, 2009, photo. (REUTERS/Arnd Wiegmann/File Photo)
CLICK HERE TO GET THE FOX NEWS APP
Credit Suisse launched a lawsuit against the blog, widely read in Swiss finance circles, in December over user comments left under posts.
It is the second Credit Suisse case that UBS has resolved since taking over its former rival and inheriting its legal battles.
Last month, UBS was ordered to pay $388 million to British and U.S. regulators over Credit Suisse’s dealings with private investment firm Archegos Capital Management.
Things like your name, home address, date of birth and even your Social Security number…
Most people never think about Android security updates until a headline like this appears. Suddenly,…
The next time you pull up to the drive-thru at Burger King, you may notice…
You may think you can spot a crypto scam from a mile away. But what…
The first Tesla Cybercab has officially rolled off the floor at Tesla Gigafactory Texas. And…
Smart glasses promise a future where technology blends into everyday life. You can ask a…