According to the news source, Inside Paradeplatz and UBS (UBSG.S) have resolved a legal dispute that Credit Suisse had first filed against the well-known finance blog with headquarters in Zurich.
Inside Paradeplatz consented to remove or edit three posts worth of user comments as a part of their settlement. The rest of the claims were withdrawn. A representative of UBS stated that the dispute had been resolved.
In December, Credit Suisse filed a lawsuit against the blog for the user comments made under the posts.
It was last month when UBS was compelled to pay $388 million to the British and American regulators owing to Credit Suisse’s interactions with private investment firm Archegos Capital Management.