Allianz Global Investors in Frankfurt Germany. Photo: Tobias Arhelger/Shutterstock Settling Class Action, AllianzGI Agrees to Pay $145 Million to Harmed Investors
New York Supreme Court Justice Andrew Borrok approved the $145 million settlement.
March 13, 2023 at 02:53 PM
2 minute read
Allianz Global Investors has agreed to pay a $145 million settlement to a group of investors who claim the mutual fund misrepresented investor risk prior to its collapse.
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