When the Swiss government brokered the distressed sale of Credit Suisse to UBS, Credit Suisse bondholders had their obligations transferred to UBS, the preferred stockholders received nothing, and common shareholders received the sales proceeds (~3.2b). What was unusual about that event and provoked numerous lawsuits?
a. Bondholders' obligations were not transferred.
b. Preferred stockholders received equal compensation as common shareholders.
c. Common shareholders received no compensation.
d. The sales proceeds were distributed unevenly among different stakeholders.