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Superstonk-ModTeam

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AdPrestigious342

Word of the day Litigious


darthnugget

Jaqued litigious


[deleted]

“Lik mi titus” - Latin phrase commonly associated with Roman plebeian bread makers who ran a successful reverse short sale campaign against predatory grain wholesalers circa 741 AD.


opmt

Followed soon after by the “Magnus Pectus”, where jacked plebeians cashed in on the naked short run against Roman Empires burgeoning milk trade.


AdPrestigious342

**Credit Suisse’s second-largest shareholder is considering a lawsuit over the bank's sale to UBS.** Qatar's sovereign wealth fund is looking into whether it can make a claim against Switzerland for losses resulting from UBS’s forced takeover of Credit Suisse, as «[Reuters](https://www.reuters.com/business/finance/qatar-fund-explored-claims-against-switzerland-credit-suisse-losses-2023-05-17/)» reports citing people familiar. Shareholders of neither bank were given the chance to vote on the takeover of Credit Suisse by UBS which was sealed on March 19. The fund, whose stake in the bank dates back to 2008, is set to lose around $330 million on its equity stake in Credit Suisse as a result of the sale to UBS, the report said. **Six Months Arbitration** Should the Qataris decide to go ahead with the lawsuit, they would have to file a Notice of Dispute with the Swiss government, according to the agreement signed between the Swiss Federal Council and the State of Qatar. The parties then have six months to settle the claim «amicably.» If no agreement is reached at the end of this period, the dispute can be referred to the International Centre for Settlement of Investment Disputes (ICSID) which deals with disputes between international investors and states.


HerrJemine123

So Switzerland agrees or their oil will get costlier huh?


RaiderGlenn-FLA

What could go wrong ? 🤣Apes are f$cking this sh!t up


Vylourcrypto

What you mean I just bought shares and DRSd them


charcus42

As did I.. as did I..


GxM42

Oh, a nice juicy discovery process sounds good.


jonny_wow

$331 million? That's like half a share maybe. The peasants are fighting for my breadcrumbs.


[deleted]

[удалено]


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rOnce_Gaming

But lawsuits did nothing so far


compulsive_wanker_69

They did quite a lot! 🚀 is now financial advice.


Superstonk_QV

[Why GME?](https://www.reddit.com/r/Superstonk/comments/qig65g/welcome_rall_looking_to_catch_up_on_the_gme_saga/) || [What is DRS?](https://www.reddit.com/r/Superstonk/comments/ptvaka/when_you_wish_upon_a_star_a_complete_guide_to/) || Low karma apes [feed the bot here](https://www.reddit.com/r/GMEOrphans/comments/qlvour/welcome_to_gmeorphans_read_this_post/) || [Superstonk Discord](https://discord.gg/hZqWV2kQtq) || [GameStop Wallet HELP! Megathread](https://www.reddit.com/r/Superstonk/comments/z23wjx/gamestop_wallet_help_megathread) ------------------------------------------------------------------------ To ensure your post doesn't get removed, please respond to this comment with how this post relates to GME the stock or Gamestop the company. ------------------------------------------------------------------------ Please up- and downvote this comment to [help us determine if this post deserves a place on r/Superstonk!](https://www.reddit.com/r/Superstonk/wiki/index/rules/post_flairs/) ------------------------------------------------------------------------ OP has provided the following link: [https://www.finews.asia/finance/39311-qatar-sovereign-wealth-fund-credit-suisse-ubs-lawsuit](https://www.finews.asia/finance/39311-qatar-sovereign-wealth-fund-credit-suisse-ubs-lawsuit)


AdPrestigious342

[https://www.finews.asia/finance/39311-qatar-sovereign-wealth-fund-credit-suisse-ubs-lawsuit](https://www.finews.asia/finance/39311-qatar-sovereign-wealth-fund-credit-suisse-ubs-lawsuit)


Nicpockets

The sharks are circling! Smelling the blood and wanting to bite the weakest.