LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) announces that a class action lawsuit has been filed on behalf of investors that purchased Credit Suisse Group AG (“Credit Suisse” or the “Company”) (NYSE: CS) securities between March 20, 2015 and February 3, 2016, inclusive (the “Class Period”). Credit Suisse investors have until February 20, 2018 to file a lead plaintiff motion. To obtain information or actively participate in the class action, please visit the Credit Suisse page on our website at www.glancylaw.com/case/credit-suisse-group-ag-0.
Investors suffering losses on their Credit Suisse investments are encouraged to contact Lesley Portnoy of GPM to discuss their legal rights in this class action at 310-201-9150 or by email to email@example.com.
The Complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operational and compliance policies. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) Credit Suisse’s risk protocols and control systems were routinely disregarded; (ii) Credit Suisse was amassing billions of dollars of risky, highly illiquid securities, in violation of those risk protocols; and (iii) as a result, Credit Suisse’s statements about Credit Suisse's business, operations, and risk controls were false and misleading and/or lacked a reasonable basis.
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If you purchased shares of Credit Suisse during the Class Period you may move the Court no later than February 20, 2018 to ask the Court to appoint you as lead plaintiff if you meet certain legal requirements. To be a member of the Class you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the Class. If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to firstname.lastname@example.org, or visit our website at www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.
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