NEW YORK, Jan. 04, 2018 (GLOBE NEWSWIRE) -- Wolf Haldenstein Adler Freeman & Herz LLP announces that a federal securities class action lawsuit has been filed in the United States District Court for the Southern District of New York against Credit Suisse Group A.G. ("Credit Suisse" or the "Company") (NYSE:CS) and certain of its officers, on behalf of shareholders who purchased Credit Suisse securities between March 20, 2015 through February 3, 2016, both dates inclusive (“Class Period”).
Investors who have incurred losses in Credit Suisse Group A.G. are urged to contact the firm immediately at classmember@whafh.com or (800) 575-0735 or (212) 545-4774. You may obtain additional information concerning the action on our website, www.whafh.com.
If you have incurred losses in the shares of Credit Suisse Group A.G. and would like to assist with the litigation process as a lead plaintiff, you may, no later than February 20, 2018, request that the Court appoint you lead plaintiff of the proposed class. Please contact Wolf Haldenstein to learn more about your rights as an investor in Credit Suisse Group A.G.
The complaint alleges that Defendants made false and/or misleading statements and failed to disclose that:
- Credit Suisse’s risk protocols and control systems were routinely disregarded;
- Credit Suisse was amassing billions of dollars of risky, highly illiquid securities, in violation of those risk protocols; and
- consequently, defendants’ statements about Credit Suisse’s business, operations, and risk controls were false and misleading and/or lacked a reasonable basis.
Wolf Haldenstein Adler Freeman & Herz LLP has extensive experience in the prosecution of securities class actions and derivative litigation in state and federal trial and appellate courts across the country. The firm has attorneys in various practice areas; and offices in New York, Chicago and San Diego. The reputation and expertise of this firm in shareholder and other class litigation has been repeatedly recognized by the courts, which have appointed it to major positions in complex securities multi-district and consolidated litigation.
If you wish to discuss this action or have any questions regarding your rights and interests in this case, please immediately contact Wolf Haldenstein by telephone at (800) 575-0735, via e-mail at classmember@whafh.com, or visit our website at www.whafh.com.
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Contact:
Wolf Haldenstein Adler Freeman & Herz LLP
Kevin Cooper, Esq.
Gregory Stone, Director of Case and Financial Analysis
Email: gstone@whafh.com, kcooper@whafh.com or classmember@whafh.com
Tel: (800) 575-0735 or (212) 545-4774
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