NEW YORK, July 23, 2014 /PRNewswire/ -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of the securities of Deutsche Bank AG. ("Deutsche Bank" or the "Company") DB. Such investors are advised to contact Edward N. Gewirtz or his investor Relation's coordinator Eitan Kimelman at info@bgandg.com or 212-697-6484.
The investigation focuses on whether the Company and certain of its executives violated federal securities laws.
On July 22, 2014, the Wall Street Journal news service published contents of a December 11, 2013 letter from the Federal Reserve Bank of New York to Deutsche Bank finding that the bank's U.S. operations suffer from a litany of serious problems, including shoddy financial reporting, inadequate auditing and oversight and weak technology systems. The letter, which was not previously reported, ordered senior Deutsche Bank executives to ensure steps were taken to remedy the problems. It also said the bank might have to restate some of the financial data it has submitted to regulators.
On this news, shares of Deutsch Bank fell $1.05 or 2.93% to close at $34.80 on July 22, 2014.
If you are aware of any facts relating to this investigation, or purchased shares of Deutsche Bank you can assist this investigation by contacting Edward N. Gewirtz or his Investor Relations Coordinator Eitan Kimelman of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484 or via email info@bgandg.com. Those who inquire by e-mail are encouraged to include their mailing address, email and telephone number.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.
Contact:
Bronstein, Gewirtz & Grossman, LLC
Edward N. Gewirtz or Eitan Kimelman 212-697-6484
info@bgandg.com
SOURCE Bronstein, Gewirtz & Grossman, LLC
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