Deutsche Bank Must Face Mortgage Lawsuit, Judge Rules

Browdie, Brian
March 2013
American Banker;3/28/2013, Vol. 178 Issue 48, p20
Trade Publication
The article gives information about a class-action lawsuit against Deutsche Bank for allegedly misleading investors, noting the bank's motion to dismiss the case was denied by U.S. District Judge Katherine Forrest in New York. The article notes the International Brotherhood of Electrical Workers is one of the investors that accused the bank of wrongdoing in the sale of residential mortgage-backed securities. It also notes a pre-trial conference is set for April 16, 2013.


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