Deutsche Bank Facing EUR740 Million Claim On Postbank Deal -Wirtschaftswoche

Former investors in Postbank have filed a 740 million euro ($891 million) lawsuit against Deutsche Bank AG, German business weekly Wirtschaftswoche reports.

--Thirty-one former investors are suing the German bank, alleging that Deutsche Bank paid them too little for their shares, when it took over Postbank in 2008, Wirtschaftswoche says.

--A spokesman for the bank told Dow Jones that the claim was unfounded but did not want to comment further.

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(END) Dow Jones Newswires

January 03, 2018 09:54 ET (14:54 GMT)