Article: Market Manipulation Case Reopening Adds to Credit Suisse’s Woes

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Market Manipulation Case Reopening Adds to Credit Suisse’s Woes

Alicia McElhaney, 28 April 2021

Although appellate court judges threw out some claims against the bank, they said that market manipulation allegations were “plausible.”

Credit Suisse is having another rough week.

A U.S. Appeals Court reopened a 2018 case alleging that Credit Suisse had engaged in market manipulation of some exchange-traded notes that short the VIX, a popular proxy for volatility. Continue reading “Article: Market Manipulation Case Reopening Adds to Credit Suisse’s Woes”

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