{"id":88968,"date":"2023-04-27T16:11:32","date_gmt":"2023-04-27T16:11:32","guid":{"rendered":"http:\/\/kuwaitnewsgazette.com\/?guid=64c62c4799c51a950eef03090203a973"},"modified":"2023-04-27T16:11:32","modified_gmt":"2023-04-27T16:11:32","slug":"rosen-a-trusted-and-leading-law-firm-encourages-credit-suisse-group-ag-investors-with-losses-in-excess-of-1-million-to-secure-counsel-before-important-may-8-deadline-in-securities-class-action","status":"publish","type":"post","link":"https:\/\/kuwaitnewsgazette.com\/rosen-a-trusted-and-leading-law-firm-encourages-credit-suisse-group-ag-investors-with-losses-in-excess-of-1-million-to-secure-counsel-before-important-may-8-deadline-in-securities-class-action\/","title":{"rendered":"ROSEN, A TRUSTED AND LEADING LAW FIRM, Encourages Credit Suisse Group AG Investors with Losses in Excess of $1 Million to Secure Counsel Before Important May 8 Deadline in Securities Class Action \u2013 CS"},"content":{"rendered":"

NEW YORK, April 27, 2023 (GLOBE NEWSWIRE) —
\n<\/strong><\/p>\n

WHY:\u00a0<\/strong>Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Credit Suisse Group AG (NYSE: CS) between\u00a0February 18, 2021 and March 20, 2023<\/strong>, both dates inclusive (the \u201cClass Period\u201d), of the pendency of a securities class action lawsuit. The Class Period was expanded to include more investors. If you wish to serve as lead plaintiff, you must move the Court\u00a0no later than May 8, 2023.<\/strong><\/p>\n

SO WHAT:<\/strong>\u00a0If you purchased Credit Suisse securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.<\/p>\n

WHAT TO DO NEXT:\u00a0<\/strong>To join the Credit Suisse class action, go to\u00a0https:\/\/rosenlegal.com\/submit-form\/?case_id=12359<\/a>\u00a0or call Phillip Kim, Esq. toll-free at 866-767-3653 or email\u00a0pkim@rosenlegal.com<\/a>\u00a0or\u00a0cases@rosenlegal.com<\/a>\u00a0for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court\u00a0no later than May 8, 2023<\/strong>. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.<\/p>\n

WHY ROSEN LAW:\u00a0<\/strong>We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition.\u00a0Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases.\u00a0<\/strong>Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs\u2019 Bar. Many of the firm\u2019s attorneys have been recognized by Lawdragon and Super Lawyers.<\/p>\n

DETAILS OF THE CASE:\u00a0<\/strong>According to the lawsuit, defendants throughout the Class Period made false and\/or misleading statements and\/or failed to disclose that: (1) contrary to Defendant Lehmann\u2019s representations in December 2022, the sharp increase in customer outflows Credit Suisse began experiencing in October 2022 remained ongoing; (2) accordingly, Credit Suisse had downplayed the impact of the Company\u2019s recent series of quarterly losses and risk and compliance failures on liquidity and its ability to retain client funds; (3) in addition, the Company maintained deficient internal disclosure controls and procedures; (4) as a result, Credit Suisse had overstated the Company\u2019s financial position and\/or prospects; and (5) as a result, the Company\u2019s public statements were materially false and misleading at all relevant times.<\/p>\n

To join the Credit Suisse class action, go to\u00a0https:\/\/rosenlegal.com\/submit-form\/?case_id=12359<\/a>\u00a0\u00a0 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email\u00a0pkim@rosenlegal.com<\/a>\u00a0or\u00a0cases@rosenlegal.com<\/a>\u00a0for information on the class action.<\/p>\n

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor\u2019s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.<\/p>\n

Follow us for updates on LinkedIn:\u00a0https:\/\/www.linkedin.com\/company\/the-rosen-law-firm<\/a>, on Twitter:\u00a0https:\/\/twitter.com\/rosen_firm<\/a>\u00a0or on Facebook:\u00a0https:\/\/www.facebook.com\/rosenlawfirm\/<\/a>.<\/p>\n

Attorney Advertising. Prior results do not guarantee a similar outcome.<\/p>\n

Contact Information:<\/p>\n

\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Laurence Rosen, Esq.
\nPhillip Kim, Esq.
\nThe Rosen Law Firm, P.A.
\n275 Madison Avenue, 40th Floor
\nNew York, NY 10016
\nTel: (212) 686-1060
\nToll Free: (866) 767-3653
\nFax: (212) 202-3827
\nlrosen@rosenlegal.com<\/a>
\npkim@rosenlegal.com<\/a>
\ncases@rosenlegal.com<\/a>
\nwww.rosenlegal.com<\/a><\/p>\n

GlobeNewswire Distribution ID 8827442<\/p>\n","protected":false},"excerpt":{"rendered":"

NEW YORK, April 27, 2023 (GLOBE NEWSWIRE) \u2014 WHY:\u00a0Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Credit Suisse Group AG (NYSE: CS) between\u00a0February 18, 2021 and March 20, 2023, both dates inclusive (the \u201cClass Period\u201d), of the pendency of a securities class action lawsuit. The Class Period was [\u2026]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[31],"tags":[],"yoast_head":"\nROSEN, A TRUSTED AND LEADING LAW FIRM, Encourages Credit Suisse Group AG Investors with Losses in Excess of $1 Million to Secure Counsel Before Important May 8 Deadline in Securities Class Action \u2013 CS - Kuwait News Gazette<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/kuwaitnewsgazette.com\/rosen-a-trusted-and-leading-law-firm-encourages-credit-suisse-group-ag-investors-with-losses-in-excess-of-1-million-to-secure-counsel-before-important-may-8-deadline-in-securities-class-action\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ROSEN, A TRUSTED AND LEADING LAW FIRM, Encourages Credit Suisse Group AG Investors with Losses in Excess of $1 Million to Secure Counsel Before Important May 8 Deadline in Securities Class Action \u2013 CS - Kuwait News Gazette\" \/>\n<meta property=\"og:description\" content=\"NEW YORK, April 27, 2023 (GLOBE NEWSWIRE) \u2014 WHY:\u00a0Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Credit Suisse Group AG (NYSE: CS) between\u00a0February 18, 2021 and March 20, 2023, both dates inclusive (the \u201cClass Period\u201d), of the pendency of a securities class action lawsuit. 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