CS ALERT: The Klein Law Firm Reminds Investors of a Lead Plaintiff Deadline of May 8, 2023 in the Class Action Filed on Behalf of Credit Suisse Group AG Shareholders
NEW YORK, April 26, 2023 (GLOBE NEWSWIRE) -- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Credit Suisse Group AG (NYSE: CS) alleging that the Company violated federal securities laws.Class Period: February 18, 2021 to March 20, 2023
Lead Plaintiff Deadline: *May 8, 2023*
No obligation or cost to you.
*Learn more about your recoverable losses in CS:*
https://www.kleinstocklaw.com/pslra-1/credit-suisse-lawsuit-submission-form?from=3
*Credit Suisse Group AG NEWS - CS NEWS*
*CLASS ACTION CASE DETAILS: *The filed complaint alleges that Credit Suisse Group AG made materially false and/or misleading statements and/or failed to disclose that: (i) contrary to representations made in December 2022 by Credit Suisse’s Chairman, Axel P. Lehmann, the sharp increase in customer outflows Credit Suisse began experiencing in October 2022 remained ongoing; (ii) accordingly, Credit Suisse had downplayed the impact of the Company’s recent series of quarterly losses and risk and compliance failures on liquidity and its ability to retain client funds; (iii) as a result, Credit Suisse had overstated the Company’s financial position and/or prospects; and (iv) as a result, the Company’s public statements were materially false and misleading at all relevant times.
*WHAT THIS MEANS TO YOU AS A SHAREHOLDER: *If you have suffered a loss in Credit Suisse you have until *May 8, 2023* to petition the court for lead plaintiff status. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
*NO COST TO YOU:* If you purchased Credit Suisse securities during the relevant period, you may be entitled to compensation without payment of any out-of-pocket fees.
*HOW TO PROTECT YOUR FINANCIAL INTERESTS:* For additional information about the CS lawsuit, please contact J. Klein, Esq. by telephone at 212-616-4899 or click this link: https://www.kleinstocklaw.com/pslra-1/credit-suisse-lawsuit-submission-form?from=3
*ABOUT KLEIN LAW FIRM*
J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. The Klein Law Firm is a boutique litigation firm with experience in a wide range of areas including securities law, corporate finance and commercial litigation. Since 2011, our experienced attorneys have achieved superior results for our clients with a personalized focus. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
J. Klein, Esq.
535 Fifth Avenue
4th Floor
New York City, NY 10017
jk@kleinstocklaw.com
Telephone: (212) 616-4899
www.kleinstocklaw.com