Credit Suisse has agreed to settle the suit over $1.6bn in mortgage-backed securities
Credit Suisse has agreed to settle a class action which alleged that it used misleading financial disclosure documents to trick a class of over 300 investors into buying $1.6bn in troubled mortgage-backed securities. The size of the settlement has not been disclosed.

By Daniel Langhorne (November 4, 2015, 5:35 PM EST) -- Credit Suisse AG has agreed to settle a certified class action in New York federal court alleging it used misleading financial disclosure documents to trick a class of over 300 investors into purchasing $1.6 billion in troubled mortgage-backed securities....

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