LOS ANGELES, CA / ACCESSWIRE / August 6, 2018 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of 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.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. On May 31, 2018, the Wall Street Journal reported that the Federal Reserve has designated Deutsche Bank's U.S. operations as being in a "trouble condition." The Federal Reserve is concerned about "its controls around measuring financial exposure to clients and valuing collateral that backed loans[.]" The FDIC added Deutsche Bank's FDIC-insured subsidiary, Deutsche Bank Trust Company Americas, to its list of at-risk "problem banks." Once this news reached the marketplace, shares of Deutsche Bank fell over 4% on May 31, 2018.
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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.
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Contact:
The Schall Law Firm
Brian Schall, Esq.
Sherin Mahdavian, Esq.
424-303-1964
SOURCE: The Schall Law Firm