BOSTON, MA / ACCESSWIRE / May 12, 2021 / The Thornton Law Firm alerts investors that a class action lawsuit has been filed on behalf of investors of Credit Suisse Group AG (NYSE:CS). The case is currently in the lead plaintiff stage. Investors who purchased CS ADRs between October 29, 2020 and March 31, 2021 may contact the Thornton Law Firm's investor protection team by visiting www.tenlaw.com/cases/CreditSuisse to submit their information. Investors may also email [email protected] or call 617-531-3917.
FOR MORE INFORMATION: www.tenlaw.com/cases/CreditSuisse
The case alleges that Credit Suisse and its senior executives concealed material defects in Credit Suisse's risk policies and procedures and compliance oversight functions and efforts to allow high-risk clients to take on excessive leverage, including Greensill Capital and Archegos Capital Management, exposing Credit Suisse to billions of dollars in losses.
Interested Credit Suisse investors have until June 15, 2021 to retain counsel and apply to be a lead plaintiff if they are interested to do so. Investors do not need to be a lead plaintiff in order to be a class member. A lead plaintiff acts on behalf of all other investor class members in managing the class action. If investors choose to take no action, they can remain an absent class member. The class has not yet been certified. Until certification occurs, investors are not represented by an attorney.
FOR MORE INFORMATION: www.tenlaw.com/cases/CreditSuisse
Thornton Law Firm's securities attorneys are highly experienced in representing investors in recovering damages caused by violations of the securities laws. Its attorneys have established track records litigating securities cases in courts throughout the country and recovering losses on behalf of investors. This may be considered Attorney Advertising in some jurisdictions. Prior results do not guarantee or predict a similar outcome with respect to any future matter.
CONTACT:
Thornton Law Firm LLP
1 Lincoln Street
State Street Financial Center
Boston, MA 02111
www.tenlaw.com/cases/CreditSuisse
SOURCE: The Thornton Law Firm