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Residential Mortgage-Backed Securities Working Group Members Announce Charges Against Credit Suisse

Working Group Co-Chair New York Attorney General Schneiderman‘s Lawsuit Charges Credit Suisse Misrepresented Loan Quality Review Process, Deceived Investors

Washington, DC–(ENEWSPF)–November 20, 2012. Residential Mortgage-Backed Securities (RMBS) Working Group Co-Chair New York Attorney General Eric T. Schneiderman today filed a Martin Act complaint against Credit Suisse Securities (USA) LLC and its affiliates for making fraudulent misrepresentations and omissions to promote the sale of RMBS to investors. According to New York Attorney General Schneiderman’s lawsuit, Credit…

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