Class Certified In Securities Suit Against Credit Suisse

Law360, New York (September 29, 2008, 12:00 AM EDT) -- A judge has granted class certification in a massive securities class action against Credit Suisse' U.S. operations over the glowing research it provided during Time Warner Inc.’s botched merger with AOL.

Judge Nancy Gertner of the U.S. District Court for the District of Massachusetts on Friday appointed lead plaintiff Bricklayers and Trowel Trades International Pension Fund as class representative in the case, which targets the bank formerly known as Credit Suisse First Boston (USA) Inc.

The complaint, filed in July 2004, claims that 35 research reports...
To view the full article, register now.