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You must submit the settlement Proof form attached below, in order to participate in this settlement. There is a strict deadline of January 20, 2021 by which all claims must be submitted. The instructions for submitting are included in the Proof and the Notice files attached below for your download. DO NOT SEND THE FORMS TO THE SHAREHOLDERS FOUNDATION, INC.
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To have your information reviewed for options and to receive notifications about this case, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.
Lawsuit Overview
Settlement Overview
You must register to view and download the Settlement Notice and Settlement Proof.
August 24, 2020 - The court preliminarily approved the settlement.
July 8, 2020 - A stipulation and agreement of settlement was entered by the parties.
February 19, 2019 - The court granted in part and denying in part the defendants' motion to dismiss.
July 2, 2018 - A motion to dismiss the amended complaint was filed.
April 18, 2018 - An amended complaint was filed.
December 22, 2017 - An investor in shares of Credit Suisse Group AG (ADR) (NYSE:CS) filed a lawsuit in the U.S. District Court for the Southern District of New York over alleged violations of Federal Securities Laws by Credit Suisse Group AG in connection with certain allegedly false and misleading statements made between March 20, 2015 and February 3, 2016.
According to the complaint the plaintiff alleges on behalf of purchasers of Credit Suisse Group AG (ADR) (NYSE:CS) common shares between March 20, 2015 and February 3, 2016, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between March 20, 2015 and February 3, 2016, the Defendants made false and/or misleading statements and/or failed to disclose that Credit Suisse's risk protocols and control systems were routinely disregarded, that the Company was accumulating billions of dollars of risky, highly illiquid securities in violation of those risk protocols, and that as a result of the foregoing, Defendants' statements about Credit Suisse's business, operations, and risk controls were false and misleading and/or lacked a reasonable basis.