The U.S. Justice Department said on Tuesday it is not planning to drop its lawsuit seeking to force UBS AG
There is no basis for the report in the New York Times, a Justice Department spokesman said in a statement issued after the newspaper reported that the case in federal court in Florida might be dropped.
While the department is always willing to consider settlement in any case, the suggestion that the department is planning to drop this suit is simply untrue. The department is continuing with the case against UBS and will file its brief asking the court to enforce the summons on June 30, spokesman Charles Miller said.
(Reporting by James Vicini, Editing by Gerald E. McCormick)