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Credit Suisse Securities
Along with UBS, Credit Suisse is another Switzerland-based investment firm with strong ties to the international finance community, with over $1.7 trillion in held assets. According to their Web site, Credit Suisse has offices in over 50 counties and employs 47,000 people from around the world.
But in addition to their lofty status in the financial industry, Credit Suisse has been at the center some of the worst financial scandals of the past decade. A FINRA arbitration panel in February 2009 ordered Credit Suisse to pay back customers over $406 million, after the firm had marketed the sales of auction-rate securities in a fraudulent manner.
Have You Invested your Money with Credit Suisse Securities?
Contact one of our attorneys to get a no-cost, no-obligation consultation.
By phone: Call us toll-free at 1.888.928.6688
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In 2002, Credit Suisse agreed to a $100 million settlement after the SEC accused the firm of charging extraordinarily high trading commissions for stock offerings. In 2003, Credit Suisse agreed to another $200 settlement for investors over allegations of conflicts of interest in their research divisions.
Credit Suisse is also one of the foreign banks being heavily targeted by US Federal authorities for creating a tax haven—helping thousands of customers hide offshore deposits from the Internal Revenue Service.
FURTHER READING:
Have You Invested your Money with Credit Suisse Securities?
Contact one of our attorneys to get a no-cost, no-obligation consultation.
By phone: Call us toll-free at 1.888.928.6688
By email: Please fill out the form to the left
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