Blum & Silver, LLP Files FINRA Arbitration Against Deutsche Bank Securities for Sale...

Fri Jul 10, 2009 4:34pm EDT
 
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Blum & Silver, LLP Files FINRA Arbitration Against Deutsche Bank Securities for
Sale of the Aravali Fund -- DB

BOCA RATON, Fla., July 10, 2009 (GLOBE NEWSWIRE) -- Blum & Silver, LLP
(http://www.stockattorneys.com) is pursuing FINRA arbitration claims against
Deutsche Bank Securities on behalf of investors for the sale of the Aravali
Fund.

Blum & Silver, LLP continues investigating losses in the Aravali Fund and other
funds which have suffered devastating losses. The Law Firm has filed claims on
behalf of investors with accounts in the West Palm Beach and Miami offices of
Deutsche Bank.

The Arbitration Claim alleges the Aravali Fund was sold to investors who were
seeking income and safety of principal. The Aravali Fund ultimately plummeted in
excess of 90% in value. The Aravali Fund used a very speculative arbitrage
scheme and was highly leveraged. One Deutsche Bank advisor has been quoted as
saying, "I was told by my firm (Deutsche Bank) and Aravali that this was a
conservative, income producing strategy."

Blum & Silver, LLP continues to investigate the matter including Deutsche Bank's
marketing of the Aravali Fund. Blum & Silver, LLP is a nationally-recognized
securities and commodities law firm headquartered in South Florida with a
satellite office in New York, New York. The primary focus of the firm is
representing investors with their claims for losses due to stockbroker
misconduct and brokerage firm negligence in securities and commodities
litigation and arbitration matters. If you wish to discuss this announcement or
have information relevant to our securities and commodities arbitration claims,
please contact Scott L. Silver, Esq. or Darren C. Blum, Esq. of Blum & Silver,
LLP, at 1-877-STOCK LAW (1-877-786-2552) or visit us on the web at
http://www.stockattorneys.com.

The Blum & Silver logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=2635

-0-
CONTACT: Blum & Silver, LLP
         Scott L. Silver, Esq.
         Darren C. Blum, Esq.
         1-877-STOCK LAW (1-877-786-2552)
         http://www.stockattorneys.com

 

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