AT-1 Victims Burst Collar: Lawsuit Against St. Galler Richter – Inside Parade SquareInside Parade SquareInside Parade Square

Affected investors filed a regulatory lawsuit against the administrative court at the Federal Court for abduction. Credit Suisse went down two years and two months ago. The biggest financial damage did not come from the shareholders of the bled-out Paradeplatz bank. They still received 3 billion for their papers. On the other hand, the AT-1 bond holders were completely wiped out. [...]