Trigon Investment Advisors Ag

Event Detail: THE INDICTMENT ALLEGES ONE COUNT OF CONSPIRACY TO DEFRAUD THE UNITED STATES FOR IMPEDING THE COLLECTION OF U.S. INCOME TAXES BY THE INTERNAL REVENUE SERVICE OF THE TREASURY DEPARTMENT BY ASSISTING U.S. CUSTOMERS TO AVOID U.S. INCOME TAXES FOR ACTIVITY FROM ABOUT MID 1990 UNTIL ABOUT 2010. THE CHARGE AND ALLEGATIONS HAVE NOT BEEN PROVEN TO BE TRUE OR FALSE, AND THE DEFENDANT IS PRESUMED INNOCENT UNLESS AND UNTIL PROVEN GUILTY. Status: Pending Disposition: PROCEEDINGS REMAIN PENDING Summary: GIAN GISLER, ALONG WITH CERTAIN OTHER FORMER EMPLOYEES OF UBS AG AS WELL AS OTHER SWISS ASSET MANAGEMENT FIRMS, HAVE BEEN NAMED AS DEFENDANTS IN A PENDING CRIMINAL INDICTMENT DATED AUGUST 4, 2011. THE INDICTMENT ALLEGES ONE COUNT OF CONSPIRACY TO DEFRAUD THE UNITED STATES FOR IMPEDING THE COLLECTION OF U.S. INCOME TAXES BY THE IRS OF THE TREASURY DEPARTMENT BY ASSISTING U.S. CUSTOMERS TO AVOID U.S. INCOME TAXES IN CONNECTION WITH ACTIVITY THAT TOOK PLACE FROM 1995 TO 2010. THE CHARGE AND ALLEGATIONS HAVE NOT BEEN PROVEN TO BE TRUE OF FALSE, AND THE DEFENDANT IS PRESUMED INNOCENT UNLESS AND UNTIL PROVEN GUILTY. THE PROCEEDINGS REMAIN PENDING, AND THE TIMING AND OUTCOME OF THE PROSECUTION CANNOT BE PREDICTED OR THE POTENTIAL IMPACT OF SUCH OUTCOME ON FINAPORT ASSET MANAGEMENT AG.