September 13, 2022
A federal judge in Brooklyn has rejected an investor's request to represent the proposed class in a suit accusing Credit Suisse of misleading investors about its allegedly risky practices regarding Russian oligarchs, finding that the investor's "extremely modest stake" in the action wouldn't give him enough of an incentive to proactively manage the suit.
August 12, 2022
A proposed class action accusing Credit Suisse of misleading investors about allegedly risky practices regarding Russian oligarchs has hit an unusual dispute over the appointment of the lead plaintiff, recent court filings show.
May 02, 2022
A Credit Suisse Group AG shareholder has filed a proposed securities class action in a New York federal court alleging that the bank misled investors about its risky practices regarding Russian oligarchs, after U.S. lawmakers requested documents about its compliance with economic sanctions against Russia.