Swiss Bank Accounts-UBS Tax Shelter Lawsuits
Rick DiGiorgio February 19th, 2009
The foundation of every relationship is trust. When you trust a leading financial institution to manage personal assets or company earnings, you expect the advice and counsel you receive to be legal and legitimate.
The business world saw the headlines and read the articles in The Wall Street Journal about UBS AG handing over private tax records to U.S. investigators. You may have been waiting for the other shoe to drop, or your bank or investment firm told you the legality of your investment strategy is in question and you may be facing substantial fines and expenses. On February 19, 2009, The Wall Street Journal reported that UBS, in an unprecedented action, agreed to hand over client tax records and pay a $780 million settlement for their role in the tax shelter scandal.
When Your Financial Institution Has Broken the Law and Broken Your Trust
The attorneys of Cory Watson have been representing individuals and businesses that were defrauded by illegal tax shelters since 2003. We work with outside counsel and bring together the best legal minds in the country to take on the largest accounting, investment, and law firms who developed, marketed, and sold abusive tax shelters. Contact us today at taxlawyer@cwcd.com or call us at (800) 852-6299 to discuss your options with a team of experienced lawyers.