Investors Go For Cert. In $24B Credit Suisse, Cushman Suit

Law360, New York (September 18, 2012, 4:04 PM EDT) -- A group of property owners at four luxury resort communities across the country asked an Idaho federal judge on Monday to certify their class in a putative action accusing Credit Suisse Group AG and Cushman & Wakefield Inc. of orchestrating a loan-to-own scheme to swindle investors out of $24 billion.

The property owners, whose assets are at master-planned resort communities in Las Vegas, Idaho, Montana and the Bahamas, sought to bring their claims as a certified class, arguing that all of their damages were part of...
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