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In Re Deutsche Bank AG Securities Litigation
Case Number:
1:09-cv-01714
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
- Ballard Spahr
- Cahill Gordon
- Dentons
- Frank LLP
- Glancy Prongay
- Kessler Topaz
- Robbins Geller
- Skadden Arps
Companies
Sectors & Industries:
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July 28, 2015
Deustche Bank Says Omnicare Can't Revive Class Action
The U.S. Supreme Court's recent Omnicare ruling does not provide grounds to revive a shareholder suit against Deutsche Bank AG over an undisclosed €20 billion ($22.1 billion) exposure to risky mortgage-backed securities, attorneys for the bank and certain underwriters told a New York federal judge Monday.
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August 10, 2012
Deutsche Bank Defeats Massive RMBS Class Action
A New York federal judge on Friday tossed a multibillion-dollar securities fraud class action against Deutsche Bank AG, ruling that to survive the standard set in the Fait v. Regions Bank ruling, plaintiffs needed to show the bank hadn't believed its financial statements on its real estate exposure.
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August 31, 2011
Citing Fait, Deutsche Bank Tries To Nix Securities Action
Deutsche Bank AG argued Wednesday that the Second Circuit's recent ruling in Fait v. Regions Bank — which held that mere opinions about financial performance didn't create liability — meant a judge should dismiss a multibillion-dollar securities fraud class action against it.
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