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Credit Suisse Loses Bid To Send Ala. Inverse VIX Suit To NY

By Dean Seal (December 17, 2018, 5:22 PM EST) -- An Alabama federal judge said Saturday he will not transfer a locally filed lawsuit, which accuses Credit Suisse of misrepresenting the value of certain short-term notes during a critical time of steep price drops, to New York's Southern District, nor will he put the suit on pause while a similar action in Manhattan plays out....

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