NEW YORK, March 20, 2023 (GLOBE NEWSWIRE) — Pomerantz LLP announces that a class action lawsuit has been filed against Credit Suisse Group AG (“Credit Suisse” or the “Company”) CS, and certain officers. The class action, filed in the United States District Court for the District of New Jersey and registered at 23-cv-01297, is being brought on behalf of a class consisting of all persons and entities, other than the defendants, who have purchased or otherwise acquired the securities of Credit Suisse between December 1, 2022 and February 17, 2023, both dates inclusive (the “Collection Period”), to seek damages caused by the Defendants’ violations of the federal securities laws and remedies under Sections 10(b) and 20(a) ) of the Securities Exchange Act of 1934 (the “Exchange Act”) and Rule 10b-5 made thereunder, against the Company and certain of its top officials.

If you are a shareholder who purchased or otherwise acquired Credit Suisse securities during the class action period, you have until May 8, 2023 to petition the court to appoint you as lead plaintiff in the class action. A copy of the complaint is available at www.pomerantzlaw.com. To discuss this promotion, contact Robert S. Willoughby at newaction@pomlaw.com or 888.476.6529 (or 888.4-POMLAW), toll-free, ext. 7980. Persons inquiring by email are asked to provide their mailing address, telephone number and the number of shares purchased.

[Click here for information about joining the class action]

Credit Suisse, together with its subsidiaries, offers various financial services in Switzerland, Europe, the Middle East, Africa, Americas and Asia Pacific. The Company provides wealth management solutions including investment advisory and discretionary wealth management services; risk management solutions such as managed investment products; and wealth planning, succession planning and trustee services.

In October 2022, Credit Suisse experienced a sharp increase in client outflows or withdrawals by clients…