Credit Suisse Lawsuit Resolved By UBS, Swiss Finance Blog

Credit Suisse Lawsuit Resolved By UBS, Swiss Finance Blog

According to the news source, Inside Paradeplatz and UBS (UBSG.S) have resolved a legal dispute that Credit Suisse had first filed against the well-known finance blog with headquarters in Zurich.Â

Inside Paradeplatz consented to remove or edit three posts worth of user comments as a part of their settlement. The rest of the claims were withdrawn. A representative of UBS stated that the dispute had been resolved.

In December, Credit Suisse filed a lawsuit against the blog for the user comments made under the posts.

It was last month when UBS was compelled to pay $388 million to the British and American regulators owing to Credit Suisse’s interactions with private investment firm Archegos Capital Management.