The New York attorney-general is preparing to file a civil
lawsuit against Credit Suisse (CSGN.VX) for misleading investors who lost
billions of dollars on mortgage-backed securities, a source familiar with the
matter told Reuters.
The lawsuit, which is expected to be filed on Wednesday,
will allege that Credit Suisse misrepresented the quality of loans packaged in
securities, according to the source. Investors
lost more than $11.2 billion, the source added.
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