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UBS ordered to pay $204,000 in Puerto Rican bond claim

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A Finra all-public arbitration panel has found UBS liable for breach of contract and unsuitability in a customer complaint involving Puerto Rican bonds, and ordered UBS to pay compensatory damages of $204,339, plus $66,000 in costs. The claimant in the case, Antonio Gnocchi Franco of Puerto Rico, who also was…

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