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Credit Suisse Faces First US Investor Lawsuit Over Meltdown
The proposed class-action complaint, filed in federal court in Camden, New Jersey, alleges that the bank made “materially false and misleading statements” in the past year that impacted investors.
16 Mar 2023, 11:16 PM IST 
Office workers outside the Credit Suisse Group AG office tower in Zurich, Switzerland, on Thursday, March 16, 2023.
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(Bloomberg) -- Credit Suisse Group AG was hit with its first US investor lawsuit over the bank’s recent difficulties, alleging that it overstated its financial prospects to shareholders.
The proposed class-action complaint, filed in federal court in Camden, New Jersey, alleges that the bank made “materially false and misleading statements” in the past year that impacted investors.
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