{"id":474360,"date":"2021-04-09T15:21:11","date_gmt":"2021-04-09T19:21:11","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=474360"},"modified":"2021-04-09T15:21:11","modified_gmt":"2021-04-09T19:21:11","slug":"hagens-berman-national-trial-attorneys-encourages-credit-suisse-group-cs-investors-with-losses-to-contact-its-attorneys-now-firm-investigating-possible-securities-law-violations-2","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/hagens-berman-national-trial-attorneys-encourages-credit-suisse-group-cs-investors-with-losses-to-contact-its-attorneys-now-firm-investigating-possible-securities-law-violations-2\/","title":{"rendered":"HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Encourages Credit Suisse Group (CS) Investors with Losses to Contact Its Attorneys Now, Firm Investigating Possible Securities Law Violations"},"content":{"rendered":"
\n

PR Newswire<\/p>\n<\/p><\/div>\n

\n

\n SAN FRANCISCO<\/span>, April 9, 2021<\/span> \/PRNewswire\/ —\u00a0Hagens Berman urges Credit Suisse Group AG (NYSE: CS)\u00a0investors with significant losses to submit your losses now<\/a>.\u00a0 <\/p>\n

\n

\n
\n \"Hagens
\n <\/a>\n <\/p>\n<\/p><\/div>\n

\n Visit:<\/b>\u00a0www.hbsslaw.com\/investor-fraud\/CS<\/a>
Contact An Attorney Now:<\/b>\u00a0CS@hbsslaw.com<\/a>\u00a0
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 844-916-0895<\/b><\/p>\n

\n Credit Suisse Group AG (NYSE: CS) Investigation: <\/b>\n <\/p>\n

The investigation focuses on the accuracy of Credit Suisse’s represented internal controls and risk procedures.<\/p>\n

Credit Suisse has in the past touted its prudent, conscious and disciplined risk taking. But these assurances have recently come under question.\u00a0 <\/p>\n

On Mar. 1, 2021<\/span>, Bloomberg <\/i>reported Credit Suisse suspended a $10 billion<\/span> family of funds that invested in debt arranged by Greensill Capital.\u00a0 As reported by The<\/i>Wall Street Journal<\/i>, despite knowing since 2019 that the funds were too reliant on the small group of insurers, Credit Suisse did not remedy the situation.\u00a0 Greensill later filed for insolvency.\u00a0 On Mar. 16, 2021<\/span>, Credit Suisse announced it may incur a charge related to its Greensill exposures and it has redeemed $3.1 billion<\/span> of the $10 billion<\/span> to investors in the funds.<\/p>\n

Then, on Mar. 29, 2021<\/span> Credit Suisse announced a large client (Bill Hwang<\/span> of Archegos Capital Management, who previously pled guilty to wire fraud in 2012) defaulted on massive margin calls.\u00a0 Consequently, on Apr. 6, 2021<\/span>, Credit Suisse announced it expected to incur a charge of over $4 billion<\/span> and report Q1 2021 losses in the hundreds of millions of dollars.<\/p>\n

All of this news has resulted in analysts downgrading Credit Suisse and has driven the price of Credit Suisse American Depositary Shares sharply lower.<\/p>\n

“We’re focused on investors’ losses and whether Credit Suisse intentionally put fees ahead of its so-called prudent risk management practices,” said Reed Kathrein<\/span>, the Hagens Berman partner leading the investigation. <\/p>\n

If you are a Credit Suisse\u00a0investor and have significant losses, or have knowledge that may assist the firm’s investigation, click here to discuss your legal rights with Hagens Berman<\/a>.<\/p>\n

\n Whistleblowers: <\/b>Persons with non-public information regarding Credit Suisse should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. \u00a0Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. \u00a0For more information, call Reed Kathrein<\/span> at 844-916-0895<\/b> or email CS@hbsslaw.com<\/a>.<\/p>\n

\n
\n About Hagens Berman<\/a>
\n <\/u>
\n
Hagens Berman is a national law firm with nine offices in eight cities around the country and eighty attorneys.\u00a0 The firm represents investors, whistleblowers, workers and consumers in complex litigation.\u00a0 More about the firm and its successes is located at hbsslaw.com<\/a>. \u00a0For the latest news visit our newsroom<\/a><\/u> or follow us on Twitter at @classactionlaw<\/a><\/u>.<\/p>\n

<\/div>\n

\n \"Cision\" View original content to download multimedia:http:\/\/www.prnewswire.com\/news-releases\/hagens-berman-national-trial-attorneys-encourages-credit-suisse-group-cs-investors-with-losses-to-contact-its-attorneys-now-firm-investigating-possible-securities-law-violations-301265984.html<\/a><\/p>\n

SOURCE Hagens Berman Sobol Shapiro LLP<\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

PR Newswire SAN FRANCISCO, April 9, 2021 \/PRNewswire\/ —\u00a0Hagens Berman urges Credit Suisse Group AG (NYSE: CS)\u00a0investors with significant losses to submit your losses now.\u00a0 Visit:\u00a0www.hbsslaw.com\/investor-fraud\/CSContact An Attorney Now:\u00a0CS@hbsslaw.com\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 844-916-0895 Credit Suisse Group AG (NYSE: CS) Investigation: The investigation focuses on the accuracy of Credit Suisse’s represented internal controls and risk procedures. Credit Suisse has in the past touted its prudent, conscious and disciplined risk taking. But these assurances have recently come under question.\u00a0 On Mar. 1, 2021, Bloomberg reported Credit Suisse suspended a $10 billion family of funds that invested in debt arranged by Greensill Capital.\u00a0 As reported by TheWall Street Journal, despite knowing since 2019 that the funds were too reliant on the small group of insurers, … <\/p>\n

Continue reading “HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Encourages Credit Suisse Group (CS) Investors with Losses to Contact Its Attorneys Now, Firm Investigating Possible Securities Law Violations”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-474360","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nHAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Encourages Credit Suisse Group (CS) Investors with Losses to Contact Its Attorneys Now, Firm Investigating Possible Securities Law Violations - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/hagens-berman-national-trial-attorneys-encourages-credit-suisse-group-cs-investors-with-losses-to-contact-its-attorneys-now-firm-investigating-possible-securities-law-violations-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Encourages Credit Suisse Group (CS) Investors with Losses to Contact Its Attorneys Now, Firm Investigating Possible Securities Law Violations - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire SAN FRANCISCO, April 9, 2021 \/PRNewswire\/ —\u00a0Hagens Berman urges Credit Suisse Group AG (NYSE: CS)\u00a0investors with significant losses to submit your losses now.\u00a0 Visit:\u00a0www.hbsslaw.com\/investor-fraud\/CSContact An Attorney Now:\u00a0CS@hbsslaw.com\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 844-916-0895 Credit Suisse Group AG (NYSE: CS) Investigation: The investigation focuses on the accuracy of Credit Suisse’s represented internal controls and risk procedures. Credit Suisse has in the past touted its prudent, conscious and disciplined risk taking. But these assurances have recently come under question.\u00a0 On Mar. 1, 2021, Bloomberg reported Credit Suisse suspended a $10 billion family of funds that invested in debt arranged by Greensill Capital.\u00a0 As reported by TheWall Street Journal, despite knowing since 2019 that the funds were too reliant on the small group of insurers, … Continue reading "HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Encourages Credit Suisse Group (CS) Investors with Losses to Contact Its Attorneys Now, Firm Investigating Possible Securities Law Violations"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/hagens-berman-national-trial-attorneys-encourages-credit-suisse-group-cs-investors-with-losses-to-contact-its-attorneys-now-firm-investigating-possible-securities-law-violations-2\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-04-09T19:21:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/450112\/Hagens_Berman_Sobol_Shapiro_LLP_Logo.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hagens-berman-national-trial-attorneys-encourages-credit-suisse-group-cs-investors-with-losses-to-contact-its-attorneys-now-firm-investigating-possible-securities-law-violations-2\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hagens-berman-national-trial-attorneys-encourages-credit-suisse-group-cs-investors-with-losses-to-contact-its-attorneys-now-firm-investigating-possible-securities-law-violations-2\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Encourages Credit Suisse Group (CS) Investors with Losses to Contact Its Attorneys Now, Firm Investigating Possible Securities Law Violations\",\"datePublished\":\"2021-04-09T19:21:11+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hagens-berman-national-trial-attorneys-encourages-credit-suisse-group-cs-investors-with-losses-to-contact-its-attorneys-now-firm-investigating-possible-securities-law-violations-2\\\/\"},\"wordCount\":469,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hagens-berman-national-trial-attorneys-encourages-credit-suisse-group-cs-investors-with-losses-to-contact-its-attorneys-now-firm-investigating-possible-securities-law-violations-2\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/450112\\\/Hagens_Berman_Sobol_Shapiro_LLP_Logo.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hagens-berman-national-trial-attorneys-encourages-credit-suisse-group-cs-investors-with-losses-to-contact-its-attorneys-now-firm-investigating-possible-securities-law-violations-2\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hagens-berman-national-trial-attorneys-encourages-credit-suisse-group-cs-investors-with-losses-to-contact-its-attorneys-now-firm-investigating-possible-securities-law-violations-2\\\/\",\"name\":\"HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Encourages Credit Suisse Group (CS) Investors with Losses to Contact Its Attorneys Now, Firm Investigating Possible Securities Law Violations - 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Credit Suisse has in the past touted its prudent, conscious and disciplined risk taking. But these assurances have recently come under question.\u00a0 On Mar. 1, 2021, Bloomberg reported Credit Suisse suspended a $10 billion family of funds that invested in debt arranged by Greensill Capital.\u00a0 As reported by TheWall Street Journal, despite knowing since 2019 that the funds were too reliant on the small group of insurers, … Continue reading \"HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Encourages Credit Suisse Group (CS) Investors with Losses to Contact Its Attorneys Now, Firm Investigating Possible Securities Law Violations\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/hagens-berman-national-trial-attorneys-encourages-credit-suisse-group-cs-investors-with-losses-to-contact-its-attorneys-now-firm-investigating-possible-securities-law-violations-2\/","og_site_name":"Market Newsdesk","article_published_time":"2021-04-09T19:21:11+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/450112\/Hagens_Berman_Sobol_Shapiro_LLP_Logo.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/hagens-berman-national-trial-attorneys-encourages-credit-suisse-group-cs-investors-with-losses-to-contact-its-attorneys-now-firm-investigating-possible-securities-law-violations-2\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/hagens-berman-national-trial-attorneys-encourages-credit-suisse-group-cs-investors-with-losses-to-contact-its-attorneys-now-firm-investigating-possible-securities-law-violations-2\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Encourages Credit Suisse Group (CS) Investors with Losses to Contact Its Attorneys Now, Firm Investigating Possible Securities Law Violations","datePublished":"2021-04-09T19:21:11+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/hagens-berman-national-trial-attorneys-encourages-credit-suisse-group-cs-investors-with-losses-to-contact-its-attorneys-now-firm-investigating-possible-securities-law-violations-2\/"},"wordCount":469,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/hagens-berman-national-trial-attorneys-encourages-credit-suisse-group-cs-investors-with-losses-to-contact-its-attorneys-now-firm-investigating-possible-securities-law-violations-2\/#primaryimage"},"thumbnailUrl":"https:\/\/mma.prnewswire.com\/media\/450112\/Hagens_Berman_Sobol_Shapiro_LLP_Logo.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/hagens-berman-national-trial-attorneys-encourages-credit-suisse-group-cs-investors-with-losses-to-contact-its-attorneys-now-firm-investigating-possible-securities-law-violations-2\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/hagens-berman-national-trial-attorneys-encourages-credit-suisse-group-cs-investors-with-losses-to-contact-its-attorneys-now-firm-investigating-possible-securities-law-violations-2\/","name":"HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Encourages Credit Suisse Group (CS) Investors with Losses to Contact Its Attorneys Now, Firm Investigating Possible Securities Law Violations - 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