Deutsche Bank said it will now analyze the judgement and noted it has booked provisions covering all outstanding claims by the plaintiffs, including interest accrued to date.
The bank has a month to take the case to Germany's federal court for further steps after the Wednesday decision.in a long-standing legal dispute with shareholders who alleged the lender underpaid in its acquisition of German retail bank Postbank. Plaintiffs in the case claim that Postbank was worth more than the 25 euros per share paid by Deutsche Bank as part of its. The investors, 13 plaintiffs who are former shareholders of Deutsche Postbank , held they were entitled to a significantly higher payment of 57.25 euro per share.Deutsche Bank said it will now analyze the judgement and noted it has booked provisions covering all outstanding claims by the plaintiffs, including interest accrued to date.
The bank has a month to take the case to Germany's federal court for further steps after the Wednesday decision.'Profound' China-Russia ties won't change despite 'turbulent' geopolitics: Xi‘On vacation every single day': I left the U.S. to live in Vietnam and only need to work 15 hours a week
United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: NBCLA - 🏆 319. / 59 Read more »