YORK, March 22, 2023 /PRNewswire/ -- The Gross
Law Firm issues the following notice to shareholders of Credit
Suisse Group AG.
Shareholders who purchased shares of CS during the class period
listed are encouraged to contact the firm regarding possible lead
plaintiff appointment. Appointment as lead plaintiff is not
required to partake in any recovery.
CONTACT US HERE:
CLASS PERIOD: March 10,
2022 to March 15, 2023
ALLEGATIONS: The complaint alleges that during the class
period, Defendants issued 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
Shareholders should not delay in registering for this class action.
Register your information here:
NEXT STEPS FOR SHAREHOLDERS: Once you register as a
shareholder who purchased shares of CS during the timeframe listed
above, you will be enrolled in a portfolio monitoring software to
provide you with status updates throughout the lifecycle of the
case. The deadline to seek to be a lead plaintiff is May 8, 2023. There is no cost or obligation to
you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is nationally
recognized class action law firm, and our mission is to protect the
rights of all investors who have suffered as a result of deceit,
fraud, and illegal business practices. The Gross Law Firm is
committed to ensuring that companies adhere to responsible business
practices and engage in good corporate citizenship. The firm seeks
recovery on behalf of investors who incurred losses when false
and/or misleading statements or the omission of material
information by a company lead to artificial inflation of the
company's stock. Attorney advertising. Prior results do not
guarantee similar outcomes.
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Phone: (646) 453-8903
SOURCE The Gross Law Firm