Financial Times

The Agency Launches First Office in Fort McMurray

Retrieved on:

Tuesday, March 21, 2023

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LOS ANGELES, March 21, 2023 /PRNewswire-PRWeb/ -- Global real estate brokerage The Agency proudly announces the launch of its first franchise office in Fort McMurray in Alberta, Canada. The new locale is the firm's 15th office in Canada, joining the brokerage's growing network of more than 70 offices in the U.S., Canada, Mexico, the Caribbean, and Europe. The Fort McMurray office will be led by industry veterans and Managing Partners Paige and Corey Cyr.

Key Points:

The Fort McMurray office will be led by industry veterans and Managing Partners Paige and Corey Cyr.
In Q1 of 2023 alone, The Agency has launched six new offices, including the new office in Fort McMurray, with more on the horizon in the coming months.
As Managing Partner of The Agency Fort McMurray, Paige Cyr leads with strength, tenacity and an unwavering commitment to achieving her clients' real estate goals.
The Agency Fort McMurray is located at 102-9908 Franklin Avenue Fort McMurray, Alberta T9H 2K5.

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Credit Suisse Group AG of Class Action Lawsuit and Upcoming Deadline – CS

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Monday, March 20, 2023

NEW YORK, March 20, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Credit Suisse Group AG (“Credit Suisse” or the “Company”) (NYSE: CS), and certain officers.

Key Points:

NEW YORK, March 20, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Credit Suisse Group AG (“Credit Suisse” or the “Company”) (NYSE: CS), and certain officers.
To discuss this action, contact Robert S. Willoughby at [email protected] or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext.
Credit Suisse, together with its subsidiaries, provides various financial services in Switzerland, Europe, the Middle East, Africa, the Americas, and Asia Pacific.
Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.

CS LAWSUIT ALERT: Hagens Berman, National Trial Attorneys, Encourages Credit Suisse (CS) Investors with Over $500k in Losses to Contact Firm’s Attorneys, Expanded Class Period in Pending Securities Fraud Class Action

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Monday, March 20, 2023

SAN FRANCISCO, March 20, 2023 (GLOBE NEWSWIRE) -- Hagens Berman urges Credit Suisse Group AG (NYSE: CS, CSGKF) investors who suffered over $500k in losses to submit your losses now .

Key Points:

SAN FRANCISCO, March 20, 2023 (GLOBE NEWSWIRE) -- Hagens Berman urges Credit Suisse Group AG (NYSE: CS, CSGKF) investors who suffered over $500k in losses to submit your losses now .
Credit Suisse Group AG (CS, CSGKF) Securities Fraud Class Action:
The litigation focuses on Credit Suisse’s statements about its liquidity and overall financial condition.
Investors began to learn the truth on Feb. 9, 2023, when Credit Suisse announced its 2022 financial results that revealed large customer outflows continued through year-end 2022.
14, 2023 Credit Suisse revealed it failed to maintain an effective assessment process to identify material misstatement risks in its financial statements.

FRC INVESTIGATON: Hagens Berman, National Trial Attorneys, Encourages First Republic Bank (FRC) Investors with Substantial Losses to Contact Firm, Firm Investigating Rating Agencies’ Cut to Junk and Possible Securities Law Violations

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Monday, March 20, 2023

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SAN FRANCISCO, March 20, 2023 (GLOBE NEWSWIRE) -- Hagens Berman urges First Republic Bank (NYSE: FRC) investors who suffered substantial losses to submit your losses now .

Key Points:

SAN FRANCISCO, March 20, 2023 (GLOBE NEWSWIRE) -- Hagens Berman urges First Republic Bank (NYSE: FRC) investors who suffered substantial losses to submit your losses now .
12, 2023, when the Wall Street Journal reported that First Republic shored up its finances with additional funding from the Federal Reserve and JPMorgan Chase.
Fitch Ratings also reportedly downgraded First Republic to BB- from A-, and put the bank on negative rating watch, and cited deposit concerns.
“We’re focused on investors’ losses and whether First Republic mislead investors about known risks,” said Reed Kathrein, the Hagens Berman partner leading the investigation.

Deadline Alert: Kessler Topaz Meltzer & Check, LLP Reminds Investors of May 8, 2023 Deadline in Securities Fraud Class Action Lawsuit against Credit Suisse Group AG

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Monday, March 20, 2023

The law firm of Kessler Topaz Meltzer & Check, LLP ( www.ktmc.com ) informs investors that a securities class action lawsuit has been filed in the United States District Court for the District of New Jersey against Credit Suisse Group AG (“Credit Suisse”) ( NYSE: CS ).

Key Points:

The law firm of Kessler Topaz Meltzer & Check, LLP ( www.ktmc.com ) informs investors that a securities class action lawsuit has been filed in the United States District Court for the District of New Jersey against Credit Suisse Group AG (“Credit Suisse”) ( NYSE: CS ).
The action charges Credit Suisse with violations of the federal securities laws, including omissions and fraudulent misrepresentations relating to the company’s business, operations, and prospects.
As a result of Credit Suisse’s materially misleading statements and omissions to the public, Credit Suisse’s investors have suffered significant losses.
Kessler Topaz Meltzer & Check, LLP encourages Credit Suisse investors who have suffered significant losses to contact the firm directly to acquire more information.

CREDIT SUISSE GROUP AG (NYSE: CS) SHAREHOLDER CLASS ACTION ALERT: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion in a Securities Class Action Lawsuit Against Credit Suisse Group AG (NYSE: CS)

Retrieved on:

Monday, March 20, 2023

NEW YORK, March 20, 2023 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP, a nationally acclaimed investor rights law firm, reminds investors of the deadline to file a lead plaintiff motion in a securities class action lawsuit that has been filed on behalf of investors who purchased or acquired the securities of Credit Suisse Group AG (“Credit Suisse” or the “Company”) (NYSE: CS) between December 1, 2022 and February 17, 2023, inclusive (the “Class Period”). The lawsuit was filed in the United States District Court for the District of New Jersey and alleges violations of the Securities Exchange Act of 1934.

Key Points:

If so, please visit Credit Suisse Group AG Shareholder Class Action Lawsuit or contact Peter Allocco at (212) 951-2030 or [email protected] to discuss your rights.
A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
If you purchased or acquired Credit Suisse securities, and/or would like to discuss your legal rights and options please visit Credit Suisse Group AG Shareholder Class Action Lawsuit or contact Peter Allocco at (212) 951-2030 or [email protected] .
The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414.

Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against Match, Credit Suisse, SVB, and Amgen and Encourages Investors to Contact the Firm

Retrieved on:

Saturday, March 18, 2023

Tinder, which generated more than half of Match’s revenue during the Class Period, is Match’s largest and most important brand.

Key Points:

Tinder, which generated more than half of Match’s revenue during the Class Period, is Match’s largest and most important brand.
In a letter to shareholders, Defendants touted Tinder’s “radical product transformation,” which included recently launched product initiatives such as a new “Explore” feature.
For more information on the SVB class action go to: https://bespc.com/cases/SIVB
Amgen is one of the world’s largest independent biopharmaceutical companies.
On this news, the price of Amgen common stock fell by an additional 4.3%, further damaging investors.

Fabio Panetta: The Quick and the Dead: building up cyber resilience in the financial sector

Retrieved on:

Saturday, March 18, 2023

The Euro Cyber Resilience Board for pan-European Financial Infrastructures (ECRB) has played a key role in protecting the security and integrity of the financial system from these threats.

Key Points:

The Euro Cyber Resilience Board for pan-European Financial Infrastructures (ECRB) has played a key role in protecting the security and integrity of the financial system from these threats.
Our financial infrastructures have proven their resilience to cyber threats.
But this does not mean we can become complacent or any less vigilant in the face of cyber threats.
I will then discuss current cyber threats and emerging risks before outlining the implications for our work in the future.
The ECRB brings together private and public stakeholders across pan-European financial infrastructures, critical service providers, central banks and other authorities.
Second, the ECRB has established a crisis coordination protocol that facilitates cooperation and coordination, allowing members to exchange and respond to major cyber threats and incidents.
A key pillar of the ECB’s cyber strategy for financial infrastructures is the TIBER-EU framework for threat-led penetration testing, also known as red teaming.
In June 2022 the ECRB organised a dedicated roundtable on TIBER-EU where members shared their experience of these kinds of exercises.
[3]
In view of their systemic role in the financial system, we will continue to focus on pan-European financial infrastructures.
We must therefore be prepared to understand them and to adapt quickly in order to mitigate the financial ecosystem’s susceptibility to cyberattacks.
The financial ecosystem’s reliance on third-party products and services is a key risk, especially when financial entities outsource critical functions to them.
Against this background, the G7 recently updated its Fundamental Elements for Third-Party Cyber Risk Management in the Financial Sector
[6].
[16] Cyber threat landscape for financial market infrastructures in Europe
Note: Threats are arranged in descending order of estimated severity.
See Financial Times (2023), “The financial system is alarmingly vulnerable to cyber attack”, 6 February.
See Financial Action Task Force (2021), ”Updated Guidance for a Risk-Based Approach for Virtual Assets and Virtual Asset Service Providers”, October.

EXTENDED CLASS PERIOD: Credit Suisse Group AG Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit - CS

Retrieved on:

Friday, March 17, 2023

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The Credit Suisse class action lawsuit charges Credit Suisse as well as certain of its top executives with violations of the Securities Exchange Act of 1934.

Key Points:

The Credit Suisse class action lawsuit charges Credit Suisse as well as certain of its top executives with violations of the Securities Exchange Act of 1934.
THE LEAD PLAINTIFF PROCESS: The Private Securities Litigation Reform Act of 1995 permits any investor who purchased or acquired Credit Suisse securities during the Class Period to seek appointment as lead plaintiff of the Credit Suisse class action lawsuit.
A lead plaintiff acts on behalf of all other class members in directing the Credit Suisse class action lawsuit.
An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff of the Credit Suisse class action lawsuit.

Credit Suisse Group AG (CS) Class Action Alert: Robbins LLP Urges Shareholders with Large Losses to Contact the Firm Regarding Financial Recovery

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Thursday, March 16, 2023

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What Now: Similarly situated shareholders may be eligible to participate in the class action against Credit Suisse.

Key Points:

What Now: Similarly situated shareholders may be eligible to participate in the class action against Credit Suisse.
Shareholders who want to act as lead plaintiff for the class must file their papers by May 8, 2023.
A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
Then, on February 21, 2023, Reuters reported that the Swiss Financial Market Supervisory Authority (“FINMA”), was reviewing Lehmann’s previous comments regarding customer outflows.