Credit Suisse Class Action Submission Form

Company: Credit Suisse Group AG

Ticker: (NYSE) CS

Deadline

Passed

Lead Plaintiff Deadline: May 08, 2023

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Allegations

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.