Energy News / Shareholders Foundation, Inc.

NYSE:CS Shareholder Notice: Lawsuit Alleges Misleading Statements by Credit Suisse Group AG

Via: ReleaseWire

Updated 12:00 PM CST, Mon, January 08,2018

A lawsuit was filed on behalf of investors in Credit Suisse Group AG (ADR) (NYSE:CS) shares over alleged securities laws violations.

San Diego, CA -- (SBWIRE) -- 01/08/2018 -- The Shareholders Foundation announces that an investor, who purchased shares of Credit Suisse Group AG (ADR) (NYSE:CS), filed a lawsuit over alleged Securities Laws violations by Credit Suisse Group AG.

Investors who purchased shares of Credit Suisse Group AG (ADR) (NYSE:CS) have certain options and for certain investors are short and strict deadlines running. Deadline: February 20, 2018. NYSE:CS investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.

According to the complaint the plaintiff alleges on behalf of purchasers of Credit Suisse Group AG (ADR) (NYSE:CS) common shares between March 20, 2015 and February 3, 2016, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between March 20, 2015 and February 3, 2016, the Defendants made false and/or misleading statements and/or failed to disclose that Credit Suisse's risk protocols and control systems were routinely disregarded, that the Company was accumulating billions of dollars of risky, highly illiquid securities in violation of those risk protocols, and that as a result of the foregoing, Defendants' statements about Credit Suisse's business, operations, and risk controls were false and misleading and/or lacked a reasonable basis.

Those who purchased shares of Credit Suisse Group AG (ADR) (NYSE:CS) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

For more information on this press release visit:
http://www.sbwire.com/press-releases/nysecs-shareholder-notice-lawsuit-alleges-misleading-statements-by-credit-suisse-group-ag-912526.htm

Media Relations Contact
Michael Daniels
858-779-1554
Email: Click to Email Michael Daniels
Web: http://www.ShareholdersFoundation.com