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SET CAPITAL LLC v. CREDIT SUISSE GROUP AG

No. 19-3466-cv August Term, 2019.

996 F.3d 64 (2021)

SET CAPITAL LLC, Stefan Jager, Nikolay Drozhzhinov, Aleksandr Gamburg, ACM, Ltd., Lead Plaintiffs-Appellants, Rajan Chahal, individually and on behalf of all others similarly situated, Shaolei Qiu, Glenn Eisenberg, Plaintiffs, v. CREDIT SUISSE GROUP AG, David R. Mathers, Tidjane Thiam, Credit Suisse AG, Credit Suisse International, Janus Henderson Group PLC, Janus Index & Calculation Services LLC, Janus Distributors, LLC, dba Janus Henderson Distributors, Defendants-Appellees.

United States Court of Appeals, Second Circuit.

Decided: April 27, 2021.

Attorney(s) appearing for the Case

Michael Eisenkraft ( Laura H. Posner , Carol V. Gilden , and Eric S. Berelovich , on the brief), Cohen Milstein Sellers & Toll PLLC, New York, New York, for Appellants Set Capital LLC, Stefan Jager, Nikolay Drozhzhinov, Aleksandr Gamburg, and ACM, Ltd.

Herbert Scott Washer ( David G. Januszewski , Nola B. Heller , Peter J. Linken , on the brief), Cahill Gordon & Reindel LLP, New York, New York, for Appellees Credit Suisse Group AG, Credit Suisse AG, Credit Suisse International, Tidjane Thiam, and David R. Mathers.

Jason M. Halper ( Jared J. Stanisci , Gillian Groarke Burns , Tianyin Luo , Victor M. Bieger , on the brief), Cadwalader, Wickersham & Taft LLP, New York, New York, for Appellees Janus Henderson Group PLC, Janus Index & Calculation Services LLC, and Janus Distributors, LLC.

Before: Walker, Pooler, and Lynch, Circuit Judges.

Set Capital LLC, Stefan Jager, Nikolay Drozhzhinov, Aleksandr Gamburg, and ACM, Ltd. (collectively, Set Capital) brought this securities class action lawsuit against Credit Suisse Group AG, Credit Suisse AG, and Credit Suisse International (collectively, Credit Suisse); Credit Suisse's CEO Tidjane Thiam and CFO...

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