Puerto Rico Investors Sue Banks Over High-Risk Bond Funds
Published on: Wednesday 07 May 2014
A group of older investors in Puerto Rico is suing the brokerage units of UBS AG and Popular Inc. for guiding them toward mutual funds that invested heavily in Puerto Rico bonds, causing them to ultimately lose much of their life savings, Reuters reports.
News source: https://www.law.com/article/almID/1202654566586/
