CS LAWSUIT FILED: Jakubowitz Law Pursues Claims on Behalf of Credit Suisse Group Ag Shareholders

April 27, 2021 6:14 AM EDT | Source: Jakubowitz Law

New York, New York--(Newsfile Corp. - April 27, 2021) - Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders Credit Suisse Group AG (NYSE: CS).

CLICK HERE FOR MORE DETAILS:

https://claimyourloss.com/securities/credit-suisse-group-ag-loss-submission-form/?id=15177&from=5

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Affected shareholders purchased shares of CS between October 29, 2020 and March 31, 2021

Shareholders interested in representing the class of wronged shareholders have until June 15, 2021 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

According to a filed complaint, Credit Suisse Group AG issued materially false and/or misleading statements and/or failed to disclose that: defendants concealed material defects in the Company's risk policies and procedures and compliance oversight functions and efforts to allow high-risk clients to take on excessive leverage, including Greensill Capital ("Greensill") and Archegos Capital Management ("Archegos"), exposing the Company to billions of dollars in losses.

Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/81869

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