December 18, 2020
A New York federal judge approved a $4 million attorney fee award for Saxena White PA and Cohen Milstein Sellers & Toll PLLC on Thursday for their work securing a $15.5 million investor settlement with Credit Suisse.
August 24, 2020
A New York federal judge gave a preliminary green light Monday to a $15.5 million settlement between Credit Suisse and investors who sued the bank alleging it hid problems with risk management in its fixed-income franchise before $1 billion in write-downs in 2016.
March 06, 2019
Credit Suisse must take part in mediation with a proposed class of institutional investors accusing the bank of concealing risk management problems in its fixed-income franchise ahead of $1 billion in write-downs in 2016, a New York federal judge said Tuesday.
February 20, 2019
Credit Suisse Group AG was partially denied its bid to escape a putative class action on Tuesday when a New York federal judge found that investors adequately alleged the bank hid problems with risk management in its fixed-income franchise ahead of $1 billion in write-downs in 2016.