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Halbert et al v. Credit Suisse AG et al
Case Number:
2:18-cv-00615
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December 17, 2018
Credit Suisse Loses Bid To Send Ala. Inverse VIX Suit To NY
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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September 27, 2018
Credit Suisse Wants Ala. Inverse VIX Price-Drop Suit Tossed
Credit Suisse asked an Alabama federal court on Wednesday to dismiss a complaint that alleges the bank misrepresented the value of certain short-term notes during a critical time of steep price drops and investor losses, saying the investors knew or should have known of the risks associated with the notes.
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August 01, 2018
JPML Won't Centralize Credit Suisse Inverse VIX Suits In NY
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.