COPENHAGEN, March 19 (Reuters) - Two U.S. law firms have filed a lawsuit on behalf of institutional investors against Danske Bank over a 200 billion euro ($227 billion) money laundering scandal.
Shareholder law firms Grant & Eisenhofer P.A. and DRRT filed the lawsuit in Copenhagen on behalf of investors from 19 countries, “asserting fraud claims stemming from a massive Russian money-laundering scheme and multi-year cover-up by Denmark’s largest bank and its senior leadership.”
The group seeks $475 million in damages, Grant & Eisenhofer said in a statement dated March 18.
Danske Bank was not immediately available for a comment ($1 = 0.8809 euros) (Reporting by Stine Jacobsen, editing by Louise Heavens)