March 02, 2026
Investors who claimed Credit Suisse manipulated the market for certain exchange-traded notes can't immediately appeal an order blocking them from further amending their claims, in part because they sought review of a question "ill-suited to purely legal analysis," a federal judge in Manhattan held.
May 06, 2025
Investors who claimed Credit Suisse manipulated the market for a certain exchange-traded note it issued can't revise their suit to add claims about the bank's lending practices and internal calculations, a New York federal judge has determined.
February 12, 2025
A New York federal judge has granted class certification to investors alleging that Credit Suisse manipulated the market for its XIV notes, while denying certification for those claiming losses from misrepresentations, finding that the suggested class failed to resolve previous deficiencies in its proposal.
March 04, 2024
A New York federal judge has refused to revisit her order certifying one of three proposed investor classes in litigation accusing Credit Suisse of tricking investors into buying a series of short-term notes inversely tied to stock market volatility in 2018, rejecting objections from both sides.
March 17, 2023
A New York federal judge certified one of three proposed investor classes in a suit alleging Credit Suisse tricked investors into buying a series of short-term notes inversely tied to stock market volatility in 2018, finding two of the proposed classes can't be certified because they conflict with one another.
October 17, 2022
Credit Suisse has asked a New York federal judge to deny certification to a class of investors who claim they were tricked into buying a series of volatile short-term notes, arguing that the three classes proposed by the investors are "plagued by fundamental failures and contradictions."
September 25, 2019
A New York federal judge ruled Wednesday that Credit Suisse expressly warned investors that buying short-term notes that were inversely tied to stock market volatility was risky before the price of those notes crashed last year.
August 28, 2018
A New York federal judge on Monday overruled Y-GAR Capital LLC's objections to a magistrate judge's lead plaintiff appointment in a consolidated securities action facing Credit Suisse Group AG, finding that the magistrate judge did not err in denying Y-GAR Capital's competing lead plaintiff bid.
August 01, 2018
The Judicial Panel on Multidistrict Litigation on Wednesday denied a bid from Credit Suisse to centralize four putative class actions the bank is facing from investors in its short-term notes inversely related to the stock market's volatility index, saying there aren't enough involved parties or lawsuits to warrant centralization.
June 22, 2018
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.