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UBS Warburg's newly hired ABS pros Shahid Quraishi, Paul Scialabba, Reggie DeVilliers and Daniel Huang, poached from Banc of America Securities a few weeks ago (see ASR 4/15/02), were named in a lawsuit filed in Charlotte Superior Court last week. The suit alleged that the group downloaded proprietary information from the former firm prior to their resignation with the intention of using it in their new positions with UBS.

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