Investigation Overview
June 15, 2015 (Shareholders Foundation) - An investigation on behalf of investors of Deutsche Bank AG (USA) (NYSE:DB) shares over potential securities laws violations by Deutsche Bank AG and certain of its directors and officers in connection certain financial statements was announced.
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Deutsche Bank AG (USA) (NYSE:DB) concerning whether a series of statements by Deutsche Bank AG regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Deutsche Bank AG reported that its Net Income increased from $263 million in 2012 to over $1.66 billion in 2014. Shares of Deutsche Bank AG (USA) (NYSE:DB) traded during early 2014 as high as $52.27 per share.
On June 9, 2015 a report was published stating that 'Deutsche Bank says authorities have searched its Frankfurt offices in a probe of transactions by clients but no company employee is accused of any wrongdoing.'