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UBS loses another Puerto Rico bond claim, this time for $4.4 million

This is the third multimillion-dollar loss involving Puerto Rico bonds or bond funds UBS has seen since December.

UBS Financial Services Inc. has lost yet another multi-million dollar Finra arbitration award stemming from the sale of Puerto Rico bonds and closed-end funds.

According to the arbitration award, which was decided on Wednesday by a three-member Finra dispute resolution panel, the claimant, Dr. Lui

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