Credit Suisse Group AG bondholders, representing $4.5 billion of the $17 billion of wiped-out Additional Tier 1 bonds of the company, have filed a lawsuit against Switzerland's banking regulator, the Financial Times reported on Friday.
The lawsuit was filed by the law firm Quinn Emanuel in the city of St. Gallen in eastern Switzerland on Wednesday, FT said.
The bondholder group holds a "significant" percentage of the total notional value of the bonds, Quinn EmanuelReporting by Jahnavi Nidumolu in Bengaluru; Editing by Savio D'Souza
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