Friday, December 9, 2022 | Back issues
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Securities

Nanophase Technologies claims Credit Suisse Securities misrepresented auction rate securities, leaving investors unable to liquidate more than $300 billion in holdings, then excluded Nanophase from a $565 million settlement, in Chicago Federal Court.

Court-appointed liquidators of the "Overseas Funds" (Bear Stearns High-Grade Structured Credit Strategies (Overseas) Ltd.) demand $1.1 billion from Deloitte & Touche and Walkers Fund Services Ltd., in New York County Court.

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