US investor group files suit against CS

Now it’s getting hard

US investor group files suit against CS

New disaster for Credit Suisse from the US. A powerful group of investors filed a class action against the big bank from Paradeplatz. This can have serious consequences.

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New disaster comes to Credit Suisse from the US.

Another class action lawsuit has been filed against Credit Suisse in the United States. Investors accuse CS of committing securities fraud by misrepresenting facts about the bank’s business, operations and prospects.

For that reason, law firm Kessler Topaz Meltzer & Check has filed a misrepresentation lawsuit against Credit Suisse in the District Court of New Jersey, according to a statement from the law firm. Investors suffered significant losses due to Credit Suisse’s misleading statements to the public, the report said.

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