- Credit Suisse faces first US investor lawsuit over financial difficulties.
- The Rosen Law Firm alleges the bank made 'materially false and misleading statements'.
- The suit includes allegations that Credit Suisse didn't identify internal control weaknesses.
- Following the release of the bank's Q4 report, Credit Suisse American depositary shares fell 15.6%.
Bloomberg — Business — Credit Suisse — Banking — Investment — Legal
Credit Suisse Faces First US Investor Lawsuit Over Meltdown
Credit Suisse faces its first US investor lawsuit over alleged material misstatements in its 2021 annual report, filed by the Rosen Law Firm.