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Credit Suisse Bondholders Lost Billions In Merger, Suit Says

By Sydney Price (October 23, 2023, 5:25 PM EDT) -- Credit Suisse and PwC concealed the impact of quarterly losses and the bank's inability to retain client funds in the months leading up to its March takeover by UBS AG, resulting in billions of dollars of bonds rendered worthless, according to a proposed class action....

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