CS INVESTOR ALERT: Shareholder Class Action Lawsuit Filed | 2021-05-08 | Press Releases

Boston, Massachusetts – (Newsfile Corp. – May 8, 2021) – Law firm Thornton advises investors that a class action lawsuit has been filed on behalf of Credit Suisse Group AG (NYSE: CS) investors. The case is currently in the lead plaintiff stage. Investors who purchased CS ADRs between October 29, 2020 and March 31, 2021 can contact the Thornton law firm’s investor protection team at www.tenlaw.com/cases/CreditSuisse for more information. Investors can also email [email protected] or call 617-531-3917.

Further information: www.tenlaw.com/cases/CreditSuisse

In the case, it is alleged that Credit Suisse and its officers have been hiding material shortcomings in Credit Suisse’s risk policies and procedures, as well as its compliance oversight functions and efforts, to allow high-risk clients to take excessive leverage, including Greensill Capital and Archegos Capital Management, which Credit Suisse is exposed to billions in losses.

Interested Credit Suisse investors have until June 15, 2021 to seek advice and, if interested, apply as the lead plaintiff. A lead plaintiff is acting on behalf of all other members of the investor class in administering the class action. Investors do not have to be a lead plaintiff to be a class member. If investors fail to take action, they can remain an absent class member. The class has not yet been certified. Investors will not be represented by a lawyer until certification. Thornton law firm is not currently representing a plaintiff who has filed a complaint but is investigating the case on behalf of investors interested in becoming lead plaintiffs.

Further information: www.tenlaw.com/cases/CreditSuisse

Thornton’s securities attorneys have extensive experience representing investors in recovering damages caused by violations of securities laws. The attorneys have a track record of litigation in securities in courts across the country and in recovering losses on behalf of investors. This can be seen as a lawyer promotion in some countries. Past results do not guarantee or forecast a similar result with respect to future matters.

CONTACT:

Law firm Thornton LLP

1 Lincoln Street

State Street Financial Center

Boston, MA 02111

www.tenlaw.com/cases/CreditSuisse

The source version of this press release can be found at https://www.newsfilecorp.com/release/83364