The Law Offices of Frank R. Cruz announces an investigation of Credit Suisse Group AG (“Credit Suisse” or the “Company”) (NYSE: CS) on behalf of investors concerning the Company’s possible violations of federal securities laws.
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On February 21, 2023, Reuters reported that Credit Suisse’s Chairman Axel Lehmann was facing a probe regarding comments made during an interview in early December, in which he claimed that customer outflows had “basically stopped” after it had disclosed the loss of 84 billion francs of client assets in November. By the end of the quarter, that figure had risen to 110.5 billion francs.
On this news, Credit Suisse’s stock price fell $0.10, or 3.3%, to close at $2.92 per share on February 21, 2023, thereby injuring investors.
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If you purchased Credit Suisse securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to info@frankcruzlaw.com, or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased.
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View source version on businesswire.com: https://www.businesswire.com/news/home/20230222006056/en/
Contacts
The Law Offices of Frank R. Cruz, Los Angeles
Frank R. Cruz, 310-914-5007
fcruz@frankcruzlaw.com
www.frankcruzlaw.com
