Allianz Mutual Funds Litigation

Lead Plaintiffs Knox County Pension & Retirement Board, Knox Chapman Utility District, Beaumont Financial Partners LLC, William Jackson, and Emily E. Cole, on behalf of …


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ALLIANZ MUTUAL FUNDS CLASS ACTION SETTLEMENT

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Settlement Amount: Certain Allianz-related Defendants have contributed $9,750,000 to a Settlement Fund, plus most • related expenses, and certain other Defendants will contribute …

mutualfundssettlement.com

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SGT's $145 Million AllianzGI Mutual Fund Settlement Fifth-Largest ...

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Jan 18, 2024  · ISS Securities Class Action Services' report entitled “ Largest Securities-Related Class Action Settlements of 2023 ” released on January 18, 2023 summarized the settlement …

sgtlaw.com

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Court Approves $145 Million Class Action Settlement For AllianzGI ...

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Mar 10, 2023  · A New York state court has approved a $145 million settlement for a class of former investors in several mutual funds managed by Allianz Global Investors U.S. LLC. SGT …

sgtlaw.com

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SGT Announces $145 Million Class Action Settlement For AllianzGI …

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November 1, 2022 On November 1, 2022, SGT filed a motion seeking preliminary approval of a $145 million class action settlement reached on behalf of a putative class of former investors …

sgtlaw.com

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Selendy Gay Secures $145 Million Settlement For Mutual Fund ...

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Mar 10, 2023  · Selendy Gay, as co-lead counsel with Silver Golub & Teitell and Bernstein Litowitz Berger & Grossman, secured a $145 million settlement for mutual fund shareholders who …

selendygay.com

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Allianz To Pay $6 Billion In U.S. Fraud Case, Fund Managers Charged

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May 17, 2022  · NEW YORK/MUNICH (Reuters) -Germany's Allianz SE agreed to pay more than $6 billion and its U.S. asset management unit pleaded guilty to criminal securities fraud over …

yahoo.com

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Settling Class Action, AllianzGI Agrees To Pay $145 Million To …

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Mar 13, 2023  · 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.

law.com

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Pension Fund, Other Shareholders Reach $145 Million Settlement …

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Nov 3, 2022  · Knox County Pension & Retirement Board and other shareholders in funds managed by Allianz Global Investors reached a $145 million settlement.

pionline.com

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District Of Columbia Joins $17 Million Multi-State Enforcement ...

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4 days ago  · The investigation found that Edward Jones charged front-load commissions for investments in Class A mutual fund shares in situations where the customer sold or moved the …

dc.gov

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Vanguard's $106 Million Target-date Fund Settlement Offers A Key …

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4 days ago  · There's an important lesson for investors in Vanguard Group's recent $106 million settlement with the Securities and Exchange Commission over its target-date funds: Being …

cnbc.com

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TD Mutual Funds Class Action Regarding Trailing Commissions …

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Jan 18, 2025  · /CNW/ - A class action settlement has been reached with TD Asset Management Inc. for C$8.5 million to resolve the claims asserted on behalf of all persons,...

newswire.ca

FAQs about Allianz Mutual Funds Litigation Coupon?

Why did Allianz settle a securities class action?

The securities class action accused Allianz of similarly harming investors and provides recovery to those investors. The settlement's ranking underscores SGT's expertise and commitment to securities litigation. ...

Did Allianz misrepresent investor risk before it collapsed?

New York Supreme Court Justice Andrew Borrok approved the $145 million settlement. 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. New York Supreme Court Justice Andrew Borrok on Friday approved the $145 million settlement. ...

Why did big investors file a lawsuit against Allianz?

A number of big investors filed to end their lawsuits against Allianz (ALVG.DE) after a settlement was reached over their losses in Allianz's multibillion-dollar trading debacle at the German asset manager's funds arm. ...

What are the largest securities-related class action settlements of 2023?

ISS Securities Class Action Services' report entitled “ Largest Securities-Related Class Action Settlements of 2023 ” released on January 18, 2023 summarized the settlement as follows: Allianz Global’s $145 million payout benefits shareholders of collapsed mutual funds that Allianz managed. ...

How do I file a settlement claim with Allianz mutual funds?

To file a claim for the Allianz Mutual Funds Settlement, you must submit a claim form (if mailed) or file online no later than May 8, 2023. For questions, call the Allianz Mutual Funds Settlement Help Line at 888-209-5181 or email [email protected]. ...

Why did Allianz Global pay $145 million?

Allianz Global’s $145 million payout benefits shareholders of collapsed mutual funds that Allianz managed. The SEC had charged AllianzGI with abandoning its investment and risk management strategies in the management of the Structural mutual funds. ...

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