Brady Dougan is the Subject of Credit Suisse AT1 Bond Civil Actions

Brady Dougan (CRD #: 2423049), a broker registered with Exos Securities, is the subject of several civil actions regarding Credit Suisse AT1 bonds. These disclosures appear on his BrokerCheck record, accessed on April 19, 2024. Details concerning these civil actions are provided below. 

Credit Suisse

After UBS acquired Credit Suisse, the brokerage firm wrote the AT1 bonds down to zero, leaving investors with worthless securities. 

Civil Actions 

On December 22, 2023, Homer Wealth Management filed a civil complaint alleging that Brady Dougan breached his fiduciary duty pursuant to Swiss law on behalf of certain holders of Credit Suisse AT1 bonds. Allegedly, numerous Credit Suisse officers, directors, and executives failed to supervise Credit Suisse employees. The complaint further alleges imprudent risk-taking. 

There are two other disputes from 2023 with similar allegations. 

Two disputes from 2023 allege on behalf of Credit Suisse common shareholders that defendants were engaged in a continuing course of misconduct, including claims of breaches of statutory and common law duties. There is also a claim under the federal RICO statute against numerous Credit Suisse officers, directors, and executives. 

Background Information 

Brady Dougan has passed the following exams: 

• Series 63 Uniform Securities Agent State Law Examination 
• SIE – Securities Industry Essentials Examination 
• Series 99TO Operations Professional Examination 
• Series 7 General Securities Representative Examination
• Series 24 General Securities Principal Examination 

He is a registered broker in eleven states. 

During his 23 years of experience, he has registered with four firms: 

• Exos Securities (CRD #: 298276) 
• Credit Suisse Securities (USA) (CRD #: 816) 
• Pershing LLC (CRD #: 7560) 
• CSFP Capital (CRD #: 31796) 

Kurta Law Can Help 

If you have worked with Brady Dougan and have concerns about your investments, do not hesitate to contact us at 877-600-0098 or email info@kurtalawfirm.com for a free consultation. 

For nearly 20 years, Kurta Law has advocated for investors to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm that exclusively represents investors against brokers and brokerage firms on a contingency basis. This means that the firm only earns a fee if our securities attorneys recover money on your behalf. Do not let securities fraud go unchecked. Start your recovery process today.