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Gomez v. Credit Suisse AG
Case Number:
1:22-cv-00115
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
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February 09, 2024
2nd Circ. Won't Revive Credit Suisse Delisted Trade Note Suit
The Second Circuit declined on Friday to revive a proposed class action accusing Credit Suisse of causing retail investors substantial losses by delisting a popular exchange-traded note, saying the bank gave adequate warnings of the risks investors faced and cautioned them against holding the note for more than a day, among other things.
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March 31, 2023
Credit Suisse Escapes Delisted Trade Note Suit, For Now
A New York federal judge on Friday tossed a proposed class action accusing Credit Suisse of causing retail investors substantial losses in delisting a popular exchange-traded note, saying the bank made repeated and extensive disclosures of the investment risk.
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July 12, 2022
Credit Suisse Wants Delisted Exchange-Traded Note Suit Axed
Credit Suisse has asked a New York federal judge to permanently toss a proposed class action alleging it caused retail investors substantial losses in delisting a popular exchange-traded note, arguing the investment banking company put out adequate warnings about the note's risks.
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January 06, 2022
Investors Hit Credit Suisse With Suit Over Delisted Trade Note
Credit Suisse was hit with a proposed class action Thursday over claims that it caused retail investors substantial losses when it "destroyed" a popular exchange-traded note and sent them scrambling to cover short positions at wildly inflated prices.