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Would you like to claim your loss in the merger of Credit Suisse and UBS?

Join the lawsuit under Art. 105 FusG of the Swiss Merger Act now!

Option 2
Cost bearing by litigation financer

Procedure

  1. You register on this website to participate in the lawsuit according to Art. 105 FusG and thus commission the SASV to represent you against UBS. There are no costs for this.

  2. The SASV sends you a power of attorney by email, which you sign and return by email. The SASV will then check whether all the necessary documents have been submitted. If the requirements are met, the SASV will confirm acceptance. 

  3. The SASV selects one or more model shareholders. In consultation with the SASV, these sample shareholders commission the law firm Niedermann Rechtsanwälte in Zurich to enforce the rights under the Merger Act. The law firm prepares the lawsuit and submits it to the competent court in Zurich.

  4. The SASV represents your interests, so you participate in the lawsuit.

  5. The SASV obtains the funds required for litigation financing from third parties and offers the litigation financing to the participating shareholders. The SASV does not make any profit from the litigation financing.

  6. In the event of a successful negotiation result or court process, you as a participating shareholder will receive a settlement corresponding to the difference in value between the price set in the merger agreement and the price set by the court. The potential gain therefore depends on both the price per share set by the court and the number of shares held by the shareholder on 19 March 2023.

  7. In the event of success, the SASV receives all costs of the legal proceedings insofar as these are not paid by the other party in accordance with the law or settlement. The SASV then receives 33% of the remaining proceeds, which are paid to the litigation financier as compensation for the litigation financing. Participation in the lawsuit is cost-free and risk-free for participating shareholders.

  8. Individual agreements can be made for shareholdings of more than 500,000 shares per shareholder. Please get in touch with us.

  9. Example of success: If the court were to set a compensation payment of CHF 3.07 per share, for example, the costs of the proceedings per share incurred by the litigation financier would first be deducted. In our example CHF 0.07 per share. Of the remaining CHF 3.00, CHF 1.00 (33 %) would go to the litigation financier and CHF 2.00 (66 %) to the shareholder. With a hypothetical shareholding of 100,000 shares, the litigation financier would thus receive a total of CHF 100,000 and the shareholder CHF 200,000.

  10. The SASV continuously informs you about the status and brings about any decisions among the participating shareholders by majority vote. This could, for example, concern the vote on the acceptance of a settlement proposal.

 

Note: In order to participate, the participating shareholder must have held at least 5,000 Credit Suisse shares as of 19 March 2023.

I participate in the lawsuit under Art. 105 FusG:
Upload confirmation of shareholding

The confirmation can also be submitted later by email. Which documents you have to submit, please click here!

At least 5,000 shares as of 19 March 2023. If the number is lower, please choose option 1.

Thank you for your registration, you will receive an email shortly!

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