Deutsche Bank Whistleblower Exposes Multi-Billion Dollar Securities Violations, Detailed in the Financial Times

Deutsche Bank Whistleblower Exposes Multi-Billion Dollar Securities Violations, Detailed in the Financial Times PR Newswire WASHINGTON, Dec. 6, 2012 -- Former Deutsche Bank Risk Analyst Represented by Labaton Sucharow and the Government Accountability Project WASHINGTON, Dec. 6, 2012 /PRNewswire/ -- Today, Labaton Sucharow LLP and the Government Accountability Project (GAP) announce their representation of a whistleblower who is alleging multi-billion dollar securities violations at Deutsche Bank, the Germany-based global investment bank. The alleged misconduct was first publicly disclosed in an article published by the Financial Times today. Dr. Eric Ben-Artzi is believed to be the first SEC whistleblower to share his story publicly. Ben-Artzi, a former Quantitative Risk Analyst at Deutsche Bank responded, "I never wanted or expected to be a whistleblower. I reported internally first and extensively, in accordance with bank policies and procedures. As the problem was not acknowledged or corrected, I felt compelled to inform the proper law enforcement authorities. Unfortunately, my family and I are paying a heavy price for doing the right thing." Dr. Ben-Artzi sought legal representation from Labaton Sucharow and reported the possible securities violations to the U.S. Securities and Exchange Commission through the SEC Whistleblower Program.