Credit Suisse wins dismissal of claims by pension fund

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SWITZERLAND/US - Credit Suisse Group AG has won the dismissal of damage claims by a US pension fund that bought Credit Suisse Global shares on the Swiss Stock Exchange.

U.S. District Judge Victor Marrero in Manhattan, applying the US Supreme Court's recent "Morrison" decision, said US buyers of a foreign stock on a foreign exchange can't sue for securities fraud u...

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