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.