We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Credit Suisse Seeks Sanctions Against Lloyds

Law360 (February 3, 2009, 12:00 AM EST) -- Credit Suisse Securities LLC has asked the court overseeing litigation over the collapse of health care lender National Century Financial Enterprises Inc. to sanction Lloyds TSB Bank PLC for allegedly hiding a deal with Moody's Investor Services Inc. in order to manipulate a deposition in its favor.

Credit Suisse, which is accused by Lloyds and others of committing fraud as an agent for National Century's note offerings, said in a motion filed Friday that Lloyds concealed an agreement to drop its charges against Moody's, another defendant...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.