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Nutter Achieves Mansfield 5.0 Certification: Nutter McClennen & Fish Law Firm

Nutter announced today that it has achieved Mansfield 5.0 Certification after completing the rigorous year-long certification program, which is aimed at promoting, supporting, and sustaining diversity in law firm leadership. ....

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Credit Suisse Finds 'Material' Control Lapses After SEC Prompt

(Bloomberg) Credit Suisse Group AG said it found “material weaknesses” in its reporting and control procedures for the past two years, after questions from US regulators last week. The Zurich-based bank said Tuesday it will take steps to fix ineffective checks on the process it follows to pull together its financial reports. But the firm said its statements for 2022 and 2021 “fairly present” its financial condition. Credit Suisse was forced to delay the release of its annual report from last week after the Securities and Exchange Commission raised last-minute queries on cash-flow statements from 2019 and 2020, discussions which the bank said have now been concluded. Chief Executive Officer Ulrich Koerner is attempting to push through a complex restructuring in a bid to return the bank to profitability, a process now at risk of becoming bogged down in a broader financial-sector selloff linked to US lender Silicon Valley Bank. The reassessment comes in parallel to an “adverse ....

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