WebSep 7, 2024 · Investors have now lodged 25 lawsuits claiming $6 billion in damages, saying Allianz strayed from its strategy of providing downside protection for market crashes. Allianz’s lawyers have said... WebAug 2, 2024 · 2nd August 2024 - Author: Matt Sheehan. Global insurer Allianz has warned that an ongoing investigation by the US Department of Justice (DOJ) into the Structured Alpha Funds of its Allianz Global Investors could “materially impact future financial results” of the group. The US Securities and Exchange Commission (SEC) launched an ...
Allianz to pay $6 bln in U.S. fraud case, fund managers charged
WebApr 14, 2024 · The Justice Department on Friday announced a massive crackdown targeting a global drug trafficking network with members in China and Mexico including … WebMay 17, 2024 · Allianz expects the SEC to issue waivers later today that will ensure that AGI U.S.’s resolution with the DOJ does not impact PIMCO and Allianz Life’s business activities,” it added. california chiropractic license requirements
Allianz cooperating as DOJ probes Structured Alpha Funds
WebMay 25, 2024 · In a blockbuster settlement, DOJ unleashed its full power against Allianz Global and key portfolio managers responsible for a massive, long running fraud scheme involving a series of private investment funds managed by Allianz Global Investors U.S. (AGI). These funds eventually collapsed as a result of the economic hardships caused by … WebMay 17, 2024 · Allianz Global Investors U.S. admitted Tuesday that it lacked internal controls and oversight for a series of private-investment funds and made false and misleading statements to investors,... WebJun 1, 2024 · Start Your Claim. We want to make your claims experience as simple and convenient as possible. To get started with your claim, we need to look up your policy. … california chiropractic examiners board