Deutsche Bank Aktiengesellschaft
0 DAYS LEFT TO SEEK LEAD PLAINTIFF STATUS
Case Summary | |
Company Name: | Deutsche Bank Aktiengesellschaft |
Stock Symbol : | NYSE: DB |
Class Period Start: | 03/20/2017 |
Class Period End: | 05/30/2018 |
Lead Plaintiff motion: | 08/06/2018 |
Date Filed: | 06/07/2018 |
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 August 6, 2018 lead plaintiff deadline in a class action lawsuit filed against Deutsche Bank Aktiengesellschaft (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 Aktiengesellschaft securities between March 20, 2017 and May 30, 2018, have until August 6, 2018 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 Aktiengesellschaft 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's internal control environment and infrastructure were materially weak and deficient; and as a result, Deutsche Bank's statements about the Company's business and operations were materially false and misleading at all relevant times. On May 31, 2018, a report by the Wall Street Journal revealed that the U.S. Federal Reserve has designated Deutsche Bank's U.S. business to be in "troubled condition," citing concerns "about its controls around measuring financial exposure to clients and valuing collateral that backed loans." In addition, the article revealed that the Federal Deposit Insurance Corporation has added Deutsche Bank's subsidiary Deutsche Bank Trust Company Americas to its "problem banks" list of at-risk institutions. Following this news, NYSE: DB fell $0.49, or 4.24%, to close at $11.08 on May 31, 2018. If you were negatively impacted by your investment in Deutsche Bank Aktiengesellschaft securities between March 20, 2017 and May 30, 2018 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 |