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flag UBS pays $300 million to settle Credit Suisse's past mortgage-linked investment fraud claims.

flag UBS will pay $300 million to settle obligations inherited from Credit Suisse related to mis-selling mortgage-linked investments before the 2008 financial crisis. flag This resolves a 2017 settlement between Credit Suisse and the U.S. Justice Department, aimed at addressing claims that Credit Suisse misled investors in these securities. flag The payment helps clear a legal case UBS took on with the acquisition of Credit Suisse.

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