- 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%.
Credit Suisse Faces First US Investor Lawsuit Over Meltdown
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.
Hadriana Lowenkron
/cloudfront-us-east-2.images.arcpublishing.com/reuters/RCWZE2OK3BNCJNRVFOS74NYF7M.jpg)
