Hussein v. UBS Bank USA
Court of Appeals of Utah
1Opinion of the Court
ORME, Judge:
¶1 Ahmed D. Hussein appeals the district court's grant of summary judgment in favor of UBS Bank USA. We affirm and remand for the determination of attorney fees reasonably incurred by UBS Bank on appeal.
BACKGROUND 1
¶2 Hussein is an investor who worked as a broker for major brokerage firms in the United States for 15 years before moving to Egypt in 1996 to pursue his own investment opportunities. Until July 2012, he was a director and the second-largest shareholder of Quality Systems, Inc. (QSI), owning 15.7% of the company-an interest "worth hundreds of millions of dollars."
¶3 In…
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