2004-09-08

Deutsche Bank and Thomas Weisel settle securities case for $100M. San Francisco Business Times. Aug. 26, 2004.

Deutsche Bank Securities Inc. fined $87.5M and Thomas Weisel Parnters LLC (Merchant banking) fined $12.5M as part of SEC charges that they failed to provide timely evidence. They ended up scouring over several hundred thousand emails as part of the investigation.