Madoff trustee adds claims in $2 billion UBS lawsuit

August 17, 2011 5:14 PM EDT

The trustee seeking money for victims of Bernard Madoff's fraud on Wednesday filed an amended lawsuit seeking at least $2 billion from UBS AG and related defendants.

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Irving Picard, the trustee, accused the Swiss bank of intentionally misleading a Luxembourg securities regulator as well as the U.S. Securities and Exchange Commission about its ties to Madoff.

UBS and other banks including JPMorgan Chase & Co and HSBC Holdings Plc have questioned Picard's authority to bring many of his claims.

(Reporting by Jonathan Stempel, editing by Bernard Orr)

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