Karimi v. Deutsche Bank Aktiengesellschaft et al

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Case overview

Case Number:

1:22-cv-02854

Court:

New York Southern

Nature of Suit:

Securities/Commodities

Multi Party Litigation:

Class Action

Judge:

Jed S. Rakoff

Firms

Companies

Sectors & Industries:

  1. February 06, 2023

    Judge Approves $26M Deutsche Bank Deal Over Epstein Ties

    A New York federal judge gave final approval on Monday to a $26.3 million settlement between Deutsche Bank and a class of its investors, resolving claims that the bank caused its share price to drop through dealings with bad actors such as Jeffrey Epstein.

  2. October 20, 2022

    Deutsche Bank Investors Get Initial OK For $26M Epstein Deal

    U.S. District Judge Jed S. Rakoff has given an initial nod to a proposed $26.3 million deal that would end investors' claims that Deutsche Bank caused its share price to drop through its dealings with bad actors such as Jeffrey Epstein.

  3. September 23, 2022

    Deutsche Bank To Pay $26M To End Investor Suit Over Epstein

    Deutsche Bank has agreed to pay nearly $26.3 million to end a proposed class action from investors who accuse the German lender of causing its share price to drop through its dealings with bad actors such as Jeffrey Epstein, the investors told a New York federal court Friday.

  4. July 19, 2022

    Deutsche Bank Investors Seek Cert. In Suit Over Epstein Ties

    A pair of Deutsche Bank investors have asked a New York federal judge to certify their class action accusing the German lender of causing its share price to drop through its dealings with bad actors such as Jeffrey Epstein, arguing their claims meet all the requirements for class certification.

  5. June 13, 2022

    Rakoff Says Deutsche Bank Must Face Suit Over Epstein Ties

    U.S. District Judge Jed Rakoff issued an order Monday explaining his decision not to allow Deutsche Bank to escape a proposed securities class action that claims the bank's dealings with bad actors, including notorious sex offender Jeffrey Epstein, caused the stock price to plunge.

  6. May 19, 2022

    Deutsche Bank Investors' Suit Over Epstein, Others Survives

    A New York federal judge on Wednesday refused to dismiss a proposed securities class action against Deutsche Bank that claims the bank's stock price plunged over the management of its dealings with bad actors, including notorious sex offender Jeffrey Epstein, but released two executives from the suit.