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High Court dismisses Stanley Tan's S$34m claim against UBS

Judge rules that the bank acted on his instructions when it terminated accumulators

MR TAN: He suffered no loss even if UBS had breached an obligation in relation to the account, says judge


THE High Court has dismissed the lawsuit filed by Global Yellow Pages' chief executive seeking damages of almost S$34 million from Swiss banking giant UBS, following a 15-day hearing in April and May last year.

In February 2013, plaintiff Stanley Tan had originally taken...

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