SHAREHOLDER ALERT: Pomerantz law firm is investigating claims on behalf of investors in Deutsche Bank Aktiengesellschaft

NEW YORK, May 6, 2024 /PRNewswire/ — Pomerantz LLP is investigating claims on behalf of investors in Deutsche Bank Aktiengesellschaft (“Deutsche Bank” or the “Company”) (NYSE: DB). Such investors are advised to get in touch Danielle Peyton at (email protected) or 646-581-9980, extension 7980.

The investigation concerns whether Deutsche Bank and certain of its officers and/or directors engaged in securities trading Fraud or other unlawful business practices.

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At April 26, 2024Deutsche Bank issued a press release announcing that “(i)a hearing will take place on…” April 26, 2024the higher regional court Cologne examined the claims of some former Postbank shareholders for a higher offer price in connection with Deutsche Bank’s voluntary takeover offer October 7, 2010, should have been paid. During the hearing, the Court indicated that it may find elements of these claims valid in a subsequent ruling.” Accordingly, Deutsche Bank stated that “the Court’s statements have implications for Deutsche Bank’s assessment of the likelihood of a future outflow, which will lead to a statutory regulation.” in the second quarter of 2024. This provision will impact Deutsche Bank’s profitability and capital ratios in the second quarter and the full year. The estimate of the total amount of all claims, including accumulated interest, is approximately 1.3 billion euros.”

Due to this news, Deutsche Bank’s share price fell $1.53 per share or 8.61% to close $16.24 per share April 29, 2024.

Pomerantz LLP, with offices in new York, Chicago, Los Angeles, London, ParisAnd Tel Aviv, is considered one of the leading law firms in the areas of corporate, securities and antitrust litigation. Founded by the deceased Abraham L. PomerantzPomerantz, known as the dean of the class action bar, pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues the tradition he founded and fights for the rights of securities victims Fraud, breaches of fiduciary duty and corporate misconduct. The company has recovered billions of dollars in damages on behalf of the class plaintiffs. See www.pomlaw.com.

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CONTACT:
Danielle Peyton
Pomerantz LLP
(email protected)
646-581-9980 ext 7980

SOURCE Pomerantz LLP