Credit Suisse To Face $642M MBS Suit As Class Action
U.S. District Judge Lewis A. Kaplan granted a December 2010 bid for class certification by lead plaintiff Vasili Tsereteli, whose company, Vaszurele Ltd., allegedly lost more than half of its $200,000 investment in the offering.
In offering documents, Credit Suisse allegedly failed to tell Tsereteli and other investors...
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