Get Cash Back and $0 Commissions
+ The Power of TradeStation
Newsfile 17-Mar-2023 1:04 PM
New York, New York--(Newsfile Corp. - March 17, 2023) - Levi & Korsinsky, LLP notifies investors in Credit Suisse Group AG ("Credit Suisse" or the "Company") (NYSE:CS) of a class action securities lawsuit.
The lawsuit on behalf of Credit Suisse investors has been commenced in the the United States District Court for the District of New Jersey. Affected investors purchased or otherwise acquired certain Credit Suisse Group AG securities between December 1, 2022 and February 17, 2023. Follow the link below to get more information and be contacted by a member of our team:
or contact Joseph E. Levi, Esq. either via email at firstname.lastname@example.org or by telephone at (212) 363-7500. There is no cost or obligation to you.
Credit Suisse Group AG NEWS - CS NEWS
CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (i) contrary to representations made in December 2022 by Credit Suisse's Chairman, Axel P. Lehmann, the sharp increase in customer outflows Credit Suisse began experiencing in October 2022 remained ongoing; (ii) accordingly, Credit Suisse had downplayed the impact of the Company's recent series of quarterly losses and risk and compliance failures on liquidity and its ability to retain client funds; (iii) as a result, Credit Suisse had overstated the Company's financial position and/or prospects; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.
WHAT THIS MEANS TO SHAREHOLDERS: If you suffered a loss in Credit Suisse during the relevant timeframe, you have until May 8, 2023 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. Discuss your rights with our legal team without cost or obligation.
PROTECT YOUR FINANCIAL INTERESTS: Complete this brief submission form https://zlk.com/pslra-1/credit-suisse-class-action-submission-form?prid=37418&wire=5 or call 212-363-7500 to discuss the case.
WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 10th Floor
New York, NY 10006
Tel: (212) 363-7500
Fax: (212) 363-7171
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/158857