November 30, 2016
For the second time in eight months, Deutsche Bank escaped a lawsuit alleging it caused a foreign exchange investment firm more than $50 million in losses by forcing the firm to pay a substantial margin call during the financial crisis, a New York federal judge ruled Tuesday.
March 22, 2016
A New York federal judge on Tuesday dismissed a suit alleging Deutsche Bank caused a foreign exchange investment firm more than $50 million in losses by wrongly forcing it to pay a hefty margin call during the 2008 financial crisis, saying the bank didn't breach a contract or engage in fraud.
July 14, 2015
A Florida-based asset management firm urged a New York federal judge Monday not to allow Deutsche Bank AG to wiggle its way out of a lawsuit accusing the bank of orchestrating a "con game" that caused a hedge fund to lose $50 million at the height of the financial crisis.
May 18, 2015
Deutsche Bank AG is fighting allegations that its poor margin calculations on foreign exchange trades led a hedge fund to lose $50 million, telling a New York federal judge on Friday that the fund's reliance on an alleged oral promise to not call in the calculation has no basis in law.