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Plaintiffs exceed 100 in suits against MUFG over Credit Suisse bonds

TOKYO -- Fourteen additional retail investors in Credit Suisse bonds that had their value wiped out sued Mitsubishi UFJ Morgan Stanley Securities on Friday, bringing the total number of plaintiffs in similar cases to over 100.

The suit, filed against the joint venture between Mitsubishi UFJ Financial Group (MUFG) and Morgan Stanley, is seeking 1.365 billion yen ($8.48 million) in compensation.