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.
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