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Finra arbitrators rule in Credit Suisse’s favor in deferred comp case

arbitrators favor Credit Suisse

The win follows several losses for Credit Suisse on similar actions brought by former brokers who say they were denied pay when the firm shut down its U.S. private bank.

Finra arbitrators last week ruled in favor of Credit Suisse in a deferred compensation claim related the closure of its U.S. brokerage business in 2015, a victory after several losses in similar cases.

In the Feb. 11 award, a three-person Financial Industry Regulatory Authority Inc. arbitration p

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