A Korean district court has awarded KRW1.8bn ($1.6m) including outstanding principal and interest to 26 investors and institutions after it found Deutsche Bank (DB) guilty of stock manipulation. The court ruled DB had manipulated the stock price of KB Financial Group, the parent company of Kookmin Bank which served as an underlying for Korea Investment & Securities' Rich Father ELS 289 . The manipulation involved DB's construction of speculative derivatives using synthetic puts and calls a
