JAPAN - The All Japan Liquor Merchants Association is suing Credit Suisse and other parties for Y16bn ($136m) claiming it incurred severe losses after not being briefed on the risks of its pension fund making investments in foreign bonds.
In a suit filed at the Tokyo District Court, the association claimed it lost around Y14.4bn from such investments between January and May 2003, after a broker solicited investment via Credit Suisse...
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