Deutsche Bank AG
0 DAYS LEFT TO SEEK LEAD PLAINTIFF STATUS
Case Summary | |
Company Name: | Deutsche Bank AG |
Stock Symbol : | NYSE: DB |
Class Period Start: | 04/15/2013 |
Class Period End: | 04/29/2016 |
Lead Plaintiff motion: | 07/11/2016 |
Date Filed: | 05/10/2016 |
Type of Case: | Securities Class Action |
Court: | U.S. District Court for the Southern District of New York |
Summary: | Thieler Law Corp advises investors with losses exceeding $100,000 of the July 11, 2016 lead plaintiff deadline in a class action lawsuit filed against Deutsche Bank AG (NYSE: DB) (“Deutsche Bank” or “the Company”). The suit is pending in the U.S. District Court for the Southern District of New York and investors, who purchased Deutsche Bank securities between April 15, 2013 through April 29, 2016, have until July 11, 2016 to move for lead plaintiff. You do not need to move for lead plaintiff to be a member of the Class. If you purchased Deutsche Bank securities during the Class Period, and have losses over $100,000, you may contact Thieler Law Corp by calling at (619) 377 - 4324 or emailing mail@thielerlaw.com . No class has been certified in this case, and if your losses are less than $100,000 you are still a member of the class. The complaint alleges that during the Class Period defendants made false and misleading statements and/or allegedly failed to disclose that Deutsche Bank has serious and systemic failings in its controls against financing terrorism, money laundering, aiding against international sanctions, and committing financial crimes; Deutsche Bank’s internal control over financial reporting and its disclosure controls and procedures were not effective; and as a result of the foregoing, defendants’ statements about Deutsche Bank’s business, operations, and prospects, were false and misleading and/or lacked a reasonable basis. On October 29, 2015, Deutsche Bank announced that it found violations of internal policies and identified weaknesses in its oversight regime during its probe into the so-called mirror trades, perhaps allowing Russian clients to illegally move money out of the country. On April 14, 2016, articles published reported a systemic failure in internal controls at the bank; that those critical deficiencies allowed a suspected money-laundering pattern to pump as much as $10 billion out of Russia from 2012 through 2014. If you were negatively impacted by your investment in Deutsche Bank securities between April 15, 2013 through April 29, 2016 and would like to learn more about this lawsuit and your ability to participate as a lead plaintiff, please contact us for your no-cost evaluation. Thieler Law Corp purchases advertisements on search engines, social media sites and other websites. If you send us information, note that does not create an attorney-client relationship with the firm. Thieler Law Corp 2534 State Street - Suite 406, San Diego, CA 92101 by email: mail@thielerlaw.com or telephone at +1 (619) 377 - 4324 or visit our website http://www.thielerlaw.com/ or Facsimile: +1 (619) 785 – 3185 |