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Complaint: SEC v. UBS Warburg LLC |
 | | When a UBS Warburg analyst informed the head of the research department that he intended to drop coverage of a particular company, he was asked whether there was any "banking relationship" and was told to "check with" the banker who worked with that company. |
 | | During the relevant period, UBS Warburg also paid a "research fee" of $150,000 at the direction of the issuer, to two broker-dealers in conjunction with the underwriting transaction of Netopia, Inc. in which UBS Warburg was the lead-manager. |
 | | During the relevant period, UBS Warburg also made several payments totaling approximately $283,000, at the direction of the issuer, for "research" to broker-dealers in conjunction with an underwriting transaction of Espeed, Inc., in which UBS Warburg was the lead manager. |
| www.sec.gov /litigation/complaints/comp18112.htm (5373 words) |
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