Madoff Trustee Adds to Ubs Claim, Sues London Firm

Summary


NEW YORK/ZURICH (Reuters) - The court-appointed trustee trying to recover money for investors defrauded by convicted swindler Bernard Madoff raised his claim against Swiss bank UBS to $2.5 billion.

UBS rejected the claim.

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Extract


Madoff Trustee Adds to Ubs Claim, Sues London Firm

"The U.S. trustee's allegations are completely unfounded and without merit," UBS spokeswoman Tatiana Togni said.

The trustee, New York lkawyer Irv...

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