UBS Beats Blockchain Co.'s Spoofing Suit, For Now

[Gunnar Larson]

UBS Beats Blockchain Co.'s Spoofing Suit, For Now
<https://www.law360.com/banking/articles/1821370?nl_pk=feb6bbba-7878-4d39-be6e-46810c922ad7&utm_source=newsletter&utm_medium=email&utm_campaign=banking&utm_content=2024-04-08&read_main=1&nlsidx=0&nlaidx=2>

By Katryna Perera

UBS Securities LLC has, for now, escaped a suit accusing it of a so-called
spoofing campaign against blockchain company Phunware's stock, with a New
York federal judge saying that while Phunware has adequately alleged the
spoofing scheme took place, it has failed to show how it was impacted or
injured by it.

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<https://www.law360.com/banking/articles/1821370?nl_pk=feb6bbba-7878-4d39-be6e-46810c922ad7&utm_source=newsletter&utm_medium=email&utm_campaign=banking&utm_content=2024-04-08&read_more=1&nlsidx=0&nlaidx=2>
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