The investor lawsuit against Swiss regulator FINMA for its decision to write off the $17bn Credit Suisse additional tier-one bonds has been extended to retail investors, law firm Quinn Emanuel Urquhart & Sullivan said today (28 April).
The Los Angeles-headquartered business litigation firm will be working with law firms in the US, Singapore, Switzerland and the Gulf Cooperation Council. In the UK, it has partnered with the boutique City of London law firm Keidan Harrison. Through this initiative, Quinn Emanuel Urquhart & Sullivan said it will extend the reach of the bondholder group to the "hundreds" of retail investors who have reached out to since the AT1 wipe-out was announced. Credit Suisse AT1 bond investors sue Swiss regulator The firm, which represents a group of Swiss and international investors represen...
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