June 28, 2017
A New York federal judge dismissed a potential investor class action against Deutsche Bank AG on Wednesday over its failure to halt and disclose suspicious trades by potential Russian money launderers, saying the plaintiffs failed to show how the bank lied or misled them.
March 08, 2017
A proposed class of Deutsche Bank AG investors has shot back at the bank's attempt to ditch Manhattan federal claims that it misled shareholders over internal controls that failed to catch a $6 billion Russian money-laundering scheme, saying the bank's alleged misstatements are grounds for the suit.
February 22, 2017
Deutsche Bank AG asked a New York federal judge on Tuesday to throw out a suit that accuses it of misleading investors about its compliance with anti-money laundering laws even as regulators probed suspicious trades in its Moscow office, saying it made appropriate disclosures and can’t be held to “aspirational” pledges about ethical standards.
October 04, 2016
A New York federal judge appointed Pomerantz LLP as lead counsel Tuesday in a proposed class action alleging that Deutsche Bank AG misled investors by not disclosing problems with internal controls that failed to catch an alleged $6 billion Russian money-laundering scheme carried out through so-called mirror trades.
May 11, 2016
Deutsche Bank misled investors by not disclosing problems with internal controls that failed to catch an alleged $6 billion Russian money-laundering scheme carried out through so-called mirror trades, according to a proposed class action suit filed in New York federal court Tuesday.