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CLASS ACTION ALERT: The Law Offices of Vincent Wong Remind Credit Suisse Investors of a Lead Plaintiff Deadline of May 8, 2023

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PR Newswire

NEW YORK, May 8, 2023 /PRNewswire/ -- Attention Credit Suisse Group AG ("Credit Suisse") (NYSE: CS) shareholders:

The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors who purchased between February 18, 2021 and March 20, 2023.

If you suffered a loss on your investment in Credit Suisse, contact us about potential recovery by using the link below. There is no cost or obligation to you.

ABOUT THE ACTION: The class action against Credit Suisse includes allegations that the Company 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.

DEADLINE: May 8, 2023

Aggrieved Credit Suisse investors only have until May 8, 2023 to request that the Court appoint you as lead plaintiff. You are not required to act as a lead plaintiff in order to share in any recovery.


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Kurse

Vincent Wong, Esq. is an experienced attorney who has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
E-Mail: vw@wongesq.com

Cision View original content:https://www.prnewswire.com/news-releases/class-action-alert-the-law-offices-of-vincent-wong-remind-credit-suisse-investors-of-a-lead-plaintiff-deadline-of-may-8-2023-301817300.html

SOURCE The Law Offices of Vincent Wong

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