The investigations of Young focus on his alleged use of Luxembourg-based holding companies to hide unlisted securities that he was not permitted to purchase.
32.
Last year, Deutsche said it had paid out 380 million pounds, or about 1 billion marks, to compensate investors and buy back unlisted securities.
33.
Deutsche Bank fired Young for violating U . K . limits on the amount of unlisted securities he placed in three funds he managed.
34.
A separate fund, the Europa fund, which has 137 million pounds in assets, is not managed by Young but held some of the unlisted securities.
35.
Deutsche Morgan Grenfell's internal investigation began six weeks ago when it suspended trading in three funds because of " irregularities " involving certain unlisted securities.
36.
The Europa fund, which has 137 million pounds in assets, is not managed by Young but had some of the targeted, unlisted securities in it.
37.
Morgan Grenfell halted trading in the funds on Monday after discovering " irregularities " in the values of certain unlisted securities held by the funds.
38.
Young was fired in September for violating U . K . limits on the amount of unlisted securities he could place in the funds he managed.
39.
The Solv-Ex purchases are at the center of a scandal involving three Morgan Grenfell funds with combined assets of $ 2.1 billion that bought unlisted securities.
40.
In the fourth quarter of last year, we decided to take a conservative step of revaluing downwards a number of unlisted securities acquired some years ago.
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