Levi & Korsinsky appointed Co-Lead Counsel in Class Action Against Credit Suisse AG

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Published June 22, 2018


On June 21, 2018, United States Magistrate Judge Sarah Netburn appointed Levi & Korsinsky, LLP to serve as Co-Lead Counsel in the class action lawsuit against Credit Suisse AG entitled Chahal Credit Suisse AG, 1:18-cv-02268-AT (S.D.N.Y.). The class action alleges that Credit Suisse made materially false and/or misleading statements regarding its Inverse VIX Short ETNs and their true economic value. In the Opinion, Judge Netburn noted the firm's "extensive experience representing classes in securities actions."