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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Lubys Inc | NYSE:LUB | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 1.78 | 0 | 01:00:00 |
From May 2019 to May 2024
Luby's Inc. (LUB) said late Thursday the Financial Industry Regulatory Authority ruled that Credit Suisse Securities must buy back auction-rate securities that Luby's had bought through Credit Suisse.
Credit Suisse was also ordered to pay 6% per annum interest on the securities. The decision makes no specific findings of fact but Luby's had claimed that it hasn't been able to sell the auction-rate securities because of Credit Suisse.
Luby's holds $7.1 million par value in auction-rate securities and is expected to record a pretax gain of about $1.8 million in the fourth quarter from the sale of the securities.
-Sue Chang; 415-439-6400; AskNewswires@dowjones.com
1 Year Lubys Chart |
1 Month Lubys Chart |
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