Deutsche Bank is a large, international bank founded in Germany in 1870. The investment functions of the bank are handled by Deutsche Bank Securities. 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.
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:
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.
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.