Home AML AML News Danske faces money laundering lawsuit from ‘A-team’ of firms

Danske faces money laundering lawsuit from ‘A-team’ of firms

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Danske Bank is facing a lawsuit from an international coalition of prominent class-action law firms arguing that investors lost billions of dollars through the fallout from the Danish lender’s €200bn money laundering scandal.

Németh Sigetty, a Danish law firm, will file a writ against Danske in the first quarter of next year after being fully funded by a group of US, German and Dutch firms, which have won multibillion-dollar settlements out of the likes of Volkswagen and Petrobras.