Deutsche Bank AG (NYSE:DB) has officially settled a massive lawsuit with the U.S. Justice Department regarding its wrongdoings in the lead-up to the financial crisis of 2008-2009.

In what regulators called the “Single largest RMBS resolution for the conduct of a single entity,” Attorney General Loretta Lynch said in a press release that “This resolution holds Deutsche Bank accountable for its illegal conduct and irresponsible lending practices, which caused serious and lasting damage to investors and the American public.”

Lawmakers ruled that DB must pay a $3.1 billion civil penalty under the Financial Institutions Reform, Recovery and Enforcement Act, and provide $4.1 billion in relief over time to underwater homeowners and communities affected by the housing crisis.

That’s a total settlement of $7.2 billion, which is the number the German banking giant had agreed to pay “in principle” as of a few months ago.

Today’s ruling ends a long standing duel between Deutsche Bank and the U.S. Justice Department. The firm has been negotiating with regulators for quite some time over the penalties stemming from misleading investors during the sale of residential mortgage-backed securities. These securities turned out to be worthless, and investors were left in the cold once their value was revealed.

Deutsche Bank AG (NYSE:DB) was trading at $18.60 per share on Tuesday afternoon, down $0.58 (-3.02%). Year-to-date, DB has gained 2.76%, versus a 1.08% rise in the benchmark S&P 500 index during the same period.

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