Investors can contact the law firm at no cost to learn more about recovering their losses
LOS ANGELES, March 17, 2023 (GLOBE NEWSWIRE) — The Portnoy Law Firm advises Credit Suisse Group AG (NYSE: CS) investors that a lawsuit filed on behalf of investors that purchased Credit Suisse securities (NYSE: CS) between March 10, 2022 and March 15, 2023, both dates inclusive (the “Class Period”).
Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 844-767-8529 or email: [email protected], to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.
The lawsuit alleges that the defendants made false or misleading statements, or omitted important information during the Class Period. Specifically, it claims that: (1) despite Lehmann’s statements in December 2022, the significant increase in customer outflows that Credit Suisse experienced in October 2022 continued; (2) Credit Suisse understated the impact of its recent losses and failures in risk and compliance on its liquidity and ability to keep client funds; (3) as a result, Credit Suisse exaggerated its financial position and prospects; and (4) consequently, the Company’s public statements during the relevant times were significantly false and misleading.
Please visit our website to review more information and submit your transaction information.
The Portnoy Law Firm represents investors in pursuing claims against caused by corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.
Lesley F. Portnoy, Esq.
Admitted CA and NY Bar
Wall St Business News, Latest and Up-to-date Business Stories from Newsmakers of Tomorrow