January 02, 2014
Deutsche Bank AG has settled a putative shareholder class action accusing the bank and former principals of touting risky mortgage-backed securities to investors even as top bank executives authorized a star trader to make a $1 billion bet against the notes, according to a Thursday filing in New York federal court.
October 29, 2013
A New York federal judge on Tuesday denied class certification to shareholders accusing Deutsche Bank AG of touting risky mortgage-backed securities to investors, saying the named plaintiffs are inadequate class representatives and that individual factual questions would likely predominate over common questions.
March 27, 2013
A New York federal judge on Wednesday rejected Deutsche Bank AG's effort to dismiss a shareholder class action alleging it touted risky mortgage-backed securities to investors even as top bank executives authorized a star trader to make a $1 billion bet against the notes.