{
Peter Goerke

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ubs faces lawsuit over credit suisse espionage practices and personal motives

A lawsuit has been filed against UBS in the USA by a French businessman, alleging that former Credit Suisse CEO Tidjane Thiam orchestrated a surveillance program against him from 2016 to 2019 due to personal motives related to his divorce. The plaintiff claims to have suffered significant emotional and financial harm, seeking at least $15 million in damages. This espionage scandal, uncovered in 2019, ultimately led to Thiam's resignation.
finews.ch
United States Dollar Credit Suisse Anlagestiftung UBS AG USA FRA Peter Goerke Tidjane Thiam Iqbal Khan Show more
TradFi, News Article
09:01 06.11.2024

lawsuit against UBS highlights espionage scandal linked to former Credit Suisse CEO

A lawsuit against UBS in the U.S. alleges that Credit Suisse, under former CEO Tidjane Thiam, conducted extensive espionage against a French businessman from 2016 to 2019. The plaintiff claims the surveillance was motivated by personal and financial interests related to his divorce, seeking at least $15 million in damages for emotional distress and financial loss. This case highlights the ongoing legacy issues UBS faces following the espionage scandal that led to Thiam's resignation.
finews.com
United States Dollar Credit Suisse Anlagestiftung UBS AG USA Tidjane Thiam Iqbal Khan Peter Goerke Show more
Regulatory & Legal, News Article
07:57 06.11.2024
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