# UBS is seeking an advisory opinion protecting it from "hypothetical" lawsuits that haven't been filed.

*business · news · 2026-04-07 · Reuters*

## Key points

- Judge Korman rejected UBS's request for an advisory opinion on potential future lawsuits.
- UBS sought legal protection after a 2020 investigation found 890 Credit Suisse accounts with possible Nazi links.
- The Simon Wiesenthal Center argued UBS's proposal would improperly expand the 1999 Holocaust settlement.
- UBS acquired Credit Suisse in a Swiss government-arranged emergency takeover in 2023.

**Companies:** UBS
**Countries:** United States, Switzerland

[Read the full story on Reuters](https://www.reuters.com/sustainability/society-equity/ubs-loses-bid-limit-liability-nazi-linked-crimes-us-judges-ruling-shows-2026-04-07/)

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