Credit Suisse retail investors plan lawsuit challenging UBS buyout- FT By Reuters

© Reuters. The emblem of Credit score Suisse is seen exterior its workplace constructing in Hong Kong, China, August 8, 2023. REUTERS/Tyrone Siu

(Reuters) – Retail buyers who misplaced cash when Credit score Suisse was taken over by UBS in March plan to file a lawsuit difficult the buyout, the Monetary Occasions reported on Sunday.

The Swiss Investor Safety Affiliation plans to file the declare in Zurich’s industrial court docket on Monday on behalf of about 500 Credit score Suisse fairness buyers, the newspaper stated.