TransPerfect Buyer Alleges Fleecing by Lawyer, Credit Suisse (2)

Credit Suisse Securities (USA) LLC and the attorney who shepherded the sale of translation-services company TransPerfect Global Inc. drove up the price by $70 million by falsely citing other offers, according to a suit by the winning bidder—a company controlled by a TPG co-founder.

TransPerfect Holdings LLC’s complaint, filed Wednesday in the US District Court for the District of Delaware, is the latest salvo against Robert Pincus, a former partner at Skadden, Arps, Slate, Meagher & Flom LLP, over his role as the custodian for the court-ordered sale of TransPerfect Global. The translation giant recently lost a challenge in the ...