Los Angeles, CA - (NewMediaWire) - September 11, 2020 - The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Deutsche Bank Aktiengesellschaft (“Deutsche Bank” or “the Company”) (NYSE: DB) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Investors who purchased the Company's securities between November 7, 2017 and July 6, 2020, inclusive (the ''Class Period''), are encouraged to contact the firm before September 14, 2020.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at email@example.com.
The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
According to the Complaint, the Company made false and misleading statements to the market. Deutsche Bank failed to maintain appropriate anti-money laundering (AML) compliance procedures and internal controls over financial reporting. The Company failed to properly monitor high risk customers including convicted sex offender Jeffrey Epstein. The Company also failed to monitor banks including Danske Estonia and FBME Bank, the subjects of prior financial misconduct scandals. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about Deutsche Bank, investors suffered damages.
Join the case to recover your losses.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
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The Schall Law Firm
Brian Schall, Esq.,
SOURCE:The Schall Law Firm