Barry Victor Randall

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UBS (Cayman Islands) sued by former client

UBS (Cayman Islands) Ltd. is being sued for breach of trust and fiduciary duty in relation to the alleged misappropriation of $775,000 of client funds by former trust officer Barry Victor Randall.The lawsuit was filed at the Grand Court of the Cayman Islands on August 10, 1999 by Publishers Representatives Limited, suing as Trustee of the Asian Sources Retirement Plan, and Lee Sku Lee, representing beneficiaries of the plan.