Cohen Milstein, Levi & Korsinsky To Lead Credit Suisse Suit

By Dean Seal (June 22, 2018, 2:56 PM EDT) -- A New York federal judge on Thursday appointed Cohen Milstein Sellers & Toll PLLC and Levi & Korsinsky LLP to lead a putative class of Credit Suisse investors alleging the bank misrepresented the value of certain short-term notes during a critical time of steep price drops and substantial investor losses.

Before selecting the firms' investor group as lead plaintiff, U.S. Magistrate Judge Sarah Netburn first found that three separate securities class actions — two from March and a third from May — should be consolidated, as each asserted substantially similar claims against Credit Suisse related to a 90 percent drop in...

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