Judge Allows Russian Soda Mogul to Try and Build Case Against Credit Suisse

A court recently signed off on an agreement that will allow a Russian soft drink mogul, who claims she was bilked out of $35 million by an unscrupulous Swiss banker, to seek evidence to support a potential case against the bank. The agreement was between the mogul and a third-party investment firm; Credit Suisse was not a party to the proceeding.

A Nov. 30, 2018 court order allowed Olga Kurbatova, a millionaire Muscovite, to gather evidence that she believes will bolster her argument that the bank, Credit Suisse, currently run by Chief Executive Tidjane Thiam, should be held liable for a decade-long, $150 million fraud perpetrated by one of its former employees, that ripped off a half-dozen wealthy Russian clients.