An investigation on behalf of investors of Credit Suisse Group AG (ADR) (NYSE:CS) shares over potential securities laws violations by Credit Suisse Group AG and certain of its directors and officers in connection with certain financial statements was announced.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Credit Suisse Group AG (ADR) (NYSE:CS) concerning whether a series of statements by Credit Suisse Group AG regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

On November 5, 2017, it was reported that the U.S. Department of Justice and the Federal Bureau of Investigation are investigating Credit Suisse Group AG, along with other banks, ''for their roles in selling about $2 billion of debt for Mozambique.'' The article stated, in part, that ''[f]inancial regulators in the U.S., the U.K. and Switzerland began probes into potential securities-law violations by the banks last year, after [..] the existence of irregularities in the Mozambican transactions [was reported]. The newer U.S. inquiries widen the scope of the probes to include potential corruption and raise the possibility of criminal prosecution.

Shares of Credit Suisse Group AG (ADR) (NYSE:CS) closed on November 10, 2017 at $16.03 per share.