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Investors with who lost money with Credit Suisse Group AG (NYSE: CS) shares should contact the Shareholders Foundation in connection with a Lawsuit

05-10-2023 04:30 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

A lawsuit is pending for certain investors in shares of Credit Suisse Group AG (NYSE: CS).

A lawsuit is pending for certain investors in shares of Credit Suisse Group AG (NYSE: CS).

The Shareholders Foundation, Inc. announces that a lawsuit is pending for certain investors in Credit Suisse Group AG (NYSE: CS) shares.

Investors who lost money with shares of Credit Suisse Group AG (NYSE: CS) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

On March 8, 2023, an investor in NYSE: CS shares filed a lawsuit against Credit Suisse Group AG over alleged Securities Laws Violations. The plaintiff alleges that the defendants made false and/or misleading statements and/or failed to disclose that contrary to Defendant Lehmann's representations in December 2022, the sharp increase in customer outflows Credit Suisse began experiencing in October 2022 remained ongoing, that 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, that as a result, Credit Suisse had overstated the Company's financial position and/or prospects, and that as a result, the Company's public statements were materially false and misleading at all relevant times.

Those who purchased Credit Suisse Group AG (NYSE: CS) shares should contact the Shareholders Foundation, Inc.

Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

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