Kessler Topaz Meltzer & Check, LLP Announces a Securities Fraud Class Action Lawsuit Filed Against Credit Suisse Group AG (CS) and Encourages Investors with Significant Losses to Contact the Firm

The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that securities class action complaints have been against Credit Suisse Group AG (“Credit Suisse”) (NYSE: CS). The complaints charge Credit Suisse with violations of the federal securities laws, including omissions and fraudulent misrepresentations relating to the company’s business, operations, and prospects. As a result of Credit Suisse’s materially misleading statements and omissions to the public, Credit Suisse’s investors have suffered significant losses.

CLICK HERE TO SUBMIT YOUR CREDIT SUISSE LOSSES. YOU CAN ALSO CLICK ON THE FOLLOWING LINK OR COPY AND PASTE IN YOUR BROWSER: https://www.ktmc.com/new-cases/credit-suisse-group-ag?utm_source=PR&am ...

TO VIEW OUR VIDEO, PLEASE CLICK HERE

LEAD PLAINTIFF DEADLINE: MAY 8, 2023

CLASS PERIOD: MARCH 10, 2022 THROUGH MARCH 20, 2023

CONTACT AN ATTORNEY TO DISCUSS YOUR RIGHTS:
Jonathan Naji, Esq. at [phone] or via email at [e-mail]

Kessler Topaz is one of the world’s foremost advocates in protecting the public against corporate fraud and other wrongdoing. Our securities fraud litigators are regularly recognized as leaders in the field individually and our firm is both feared and respected among the defense bar and the insurance bar. We are proud to have recovered billions of dollars for our clients and the classes of shareholders we represent.

CREDIT SUISSE’S ALLEGED MISCONDUCT
On March 10, 2022, Credit Suisse filed with the SEC its 2021 annual report on a Form 20-F for the year ended December 31, 2021. The 2021 annual report failed to identify any material weaknesses with Credit Suisse’s internal controls.

On December 1, 2022, Credit Suisse's Chairman, Axel P. Lehmann ("Lehmann") stated in an interview with Financial Times that customer outflows had not only "completely flattened out," but had, in fact, "partially reversed." The following day, in an interview with Bloomberg Television, Lehmann reiterated his previous statements, reassuring investors that as of November 11, 2022, customer outflows had "basically stopped.” Following Lehmann's statements, Credit Suisse's American Depository Share (“ADS”) price rose $0.29 per ADS, or 9.36%, to close at $3.38 per ADS on December 2, 2022.