Trial Court Issues Judgment Against Credit Suisse in Case Related to the NexPoint Strategic Opportunities Fund
Court Enters Judgment on Remand, Awards $121 Million to Claymore Holdings
June 28, 2021 19:52 ET | Source: NexPoint Strategic Opportunities Fund NexPoint Strategic Opportunities Fund Dallas,
DALLAS, June 28, 2021 (GLOBE NEWSWIRE) The NexPoint Strategic Opportunities Fund (NYSE:NHF) (“NHF”), a closed-end investment company managed by NexPoint Advisors, L.P. (the “Adviser”), announced an update in the case against Credit Suisse, AG, Cayman Islands Branch, and Credit Suisse Securities (USA), LLC (“Credit Suisse”).
The 134th Judicial District Court (the “Court”) issued a judgment today against Credit Suisse, awarding $121 million to Claymore Holdings LLC (“Claymore”), the entity formed to pursue the collective claims on behalf of NHF and the Highland Income Fund (NYSE:HFRO)(“HFRO”) (together th
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