Violation Tracker Individual Record
Company:DB Structured Products, Inc.
Date:October 17, 2013
Offense Group:financial offenses
Primary Offense:toxic securities abuses
DB Structured Products, Inc. agreed to pay the state $11.5 million as part of the resolution of an investigation into the firm's role in purchasing and securitizing subprime and Alt-A mortgage loans in Nevada.
Level of Government:state
Action Type:agency action
Agency:Nevada Attorney General
Civil or Criminal Case:civil
HQ Country of Parent:Germany
Ownership Structure of Parent:publicly traded
Major Industry of Parent:financial services
Specific Industry of Parent:banking & securities
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