Deutsche Alex Brown
Investment Fraud Attorneys Can Reclaim Wrongful Losses
Deutsche Bank is a large, international bank founded in Germany in 1870.
The investment functions of the bank are handled by Deutsche Bank Securities.
Deutsche Bank Alex Brown is the bank's securities brokerage firm in
the United States and the successor of the investment bank Alex, Brown
& Sons following the 1999 merger with Deutsche Bank. The company has
16 branch offices and 260 client advisors that provide advisory, research,
brokerage, and investment services to high-net-worth individual investors
in the U.S.
Scandal and Misconduct at Deutsche Alex Brown
Deutsche Bank Securities (the parent company of Deutsche Alex Brown) has
an unfortunate history of scandal and fraud. This has resulted in millions
of fines levied against it over the years by the Securities and Exchange
Commission, the National Association of Securities Dealers (now FINRA),
and the New York Stock Exchange. The reasons for the fines include:
- Research fraud
- Failure to cooperate with investigative authorities in a timely manner
- CEO-awarded payoffs to Mannesmann after its takeover by Vodafone
- Breach of shareholder trust
- Violation of trade rules regarding high-yield bonds
If a broker from Deutsche Alex Brown has caused you significant losses
as a result of unlawful or negligent behavior, the Financial Industry
Regulatory Authority dictates that the firm can be held legally responsible
to recover your losses. The firm is legally responsible for the actions
of its brokers, and it must ensure that all investors have access to suitable
financial advice that is aligned to their interests by supervising all brokers.
Have a Claim? Contact Meyer Wilson Today!
It takes considerable resources to bring a case against an investment firm
like Deutsche Alex Brown, resources that Meyer Wilson possesses. Our firm
has represented hundreds of clients in cases against large investment
firms, and our skill and experience has recovered our clients the money
that was rightfully theirs. Meyer Wilson represents clients in both state
and federal courts, as well as in arbitration with FINRA and the American
Arbitration Association (AAA). Our clients include both national and international
organizations and individuals who have claims against firms like Deutsche
Alex Brown. Let us see if we can help you.
To determine whether you have a case against Deutsche Alex Brown and Deutsche
Bank for your losses, call us or complete our online form for a
free case evaluation.