UBS Financial Gets Wrapped Up In Cash Sweep Class Action https://www.law360.com/newyork/articles/1876411?nl_pk=ac5a3855-e47c-4403-bee6-ca14f9bcf831&utm_source=newsletter&utm_medium=email&utm_campaign=newyork&utm_content=2024-09-05&read_main=1&nlsidx=0&nlaidx=15 By Katryna Perera UBS Financial Services has been hit with a proposed class action suit alleging it prioritized its own financial interests and those of its affiliated banks over customers by using its cash sweep program to direct customers' uninvested cash balances into accounts that disproportionately benefited the investment bank. Complaint attached | Read full article » https://www.law360.com/newyork/articles/1876411?nl_pk=ac5a3855-e47c-4403-bee6-ca14f9bcf831&utm_source=newsletter&utm_medium=email&utm_campaign=newyork&utm_content=2024-09-05&read_more=1&nlsidx=0&nlaidx=15 | Save to favorites » https://www.law360.com/newyork/articles/1876411?nl_pk=ac5a3855-e47c-4403-bee6-ca14f9bcf831&utm_source=newsletter&utm_medium=email&utm_campaign=newyork&utm_content=2024-09-05&read_later=1&nlsidx=0&nlaidx=15