UBS Client Says His Wife Moved In With Their Wealth Adviser. It Got Messy
When Richard Kallman's 26-year marriage failed, he arrived at a meeting to hash out the separation, expecting to see his wife and her lawyer. But instead, the couple's new wealth manager from UBS Group AG showed up and demanded Kallman fork over $9 million.
Almost two years later, that allegation is among several laid out in New York state court accusing Ira Walker, a managing director at UBS, of wreaking havoc on Kallman, the heir to a family of New York-area bookdealers.
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