JPML Won't Centralize Credit Suisse Inverse VIX Suits In NY
By Dean Seal ( August 1, 2018, 9:13 PM EDT) -- The Judicial Panel on Multidistrict Litigation on Wednesday denied a bid from Credit Suisse to centralize four putative class actions the bank is facing from investors in its short-term notes inversely related to the stock market's volatility index, saying there aren't enough involved parties or lawsuits to warrant centralization....
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