Deutsche Bank is being sued again

The Royal Park Investments SA/NV is suing the Deutsche Bank because auf mortage bonds worth 535 million USD. Deutsche Bank is accused of having used false or misleading prospects which motivated Royal Park to purchase overpriced certificates with an alleged investment grade rating. While the certificates are currently classified as very poor and thus are virtually worthless, the German bank was able to generate high profits with its role in marketing, structuring and selling the certificates.   ... →