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

March 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 …


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

3 weeks from now

March 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 Wins Preliminary Approval Of AllianzGI Mutual Fund Settlement

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Dec 7, 2022  · As a result of the fraud, on May 17, 2022, AllianzGI announced that it would plead guilty to securities fraud and forfeit $463 million and pay $3.2 billion in restitution to victims as …

sgtlaw.com

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

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Mar 13, 2023  · News Settling Class Action, AllianzGI Agrees to Pay $145 Million to Harmed Investors New York Supreme Court Justice Andrew Borrok approved the $145 million settlement.

law.com

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New York Law Journal Reports On $145 Mln Settlement For …

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Mar 13, 2023  · The New York Law Journal reported on a $145 million settlement secured by Silver Golub & Teitell for investors in a series of mutual funds managed by Allianz Global …

sgtlaw.com

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

3 weeks from now

Nov 22, 2022  · Mutual Fund Shareholders in Class Action Lawsuit Against Allianz Global Investors U.S. LLC March 10, 2023 ... AllianzGI settled, securing a $145 million settlement for …

selendygay.com

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Frequently Asked Questions - Allianz ERISA Settlement

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Under the Settlement, Allianz will pay $7,500,000 into a Qualified Settlement Fund to resolve the claims of the Class. The Net Settlement Amount (after deduction of any Court-approved …

allianzerisasettlement.com

$7
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UNITED STATES DISTRICT COURT CENTRAL DISTRICT OF …

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Under the Settlement, Defendants agree to pay a Gross Settlement Amount of $7.5 million to a common Settlement Fund. (SA ¶ 2.31.) The Net Settlement Amount—the Gross Settlement …

allianzerisasettlement.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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SUMMARY NOTICE PROPOSED SETTLEMENT Of ALLIANZ …

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$170 million (Settlement Sum) without admission of liability. The Court must approve the settlement for it to take effect. The Court will need to decide whether the proposed settlement …

allianzclassaction.com.au

$35
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These 21 Class Action Settlements Expire This Week Of 1/7/25

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Jan 7, 2025  · Crossbreed Holsters Data Breach Class Action Settlement. Deadline: 1/9/2025; Award: $35 - $2,500; ... Global Payments $3.6 Million Securities Settlement. Deadline: …

claimdepot.com

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Allianz Settlement Payout Date – Amount, Eligibility And How To …

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4 days ago  · For all Defendants, AGA has agreed to a $19.75 million Settlement Amount, from which aggrieved Class Members may receive Cash Payments. Claim by January 25, 2024, to …

ncblpc.org

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Alibaba $433.5 Million Securities Class Action Settlement

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Nov 23, 2024  · If you purchased Alibaba American Depositary Shares (ADS) between November 13, 2019, and December 23, 2020, you may be eligible to claim a portion of the $433,500,000 …

claimdepot.com

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AllianzGI Structured Alpha Mutual Fund Class Action Litigation

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On November 1, 2022, SGT and co-counsel announced they had agreed to a $145 million settlement with AllianzGI. The settlement was given final approval by Justice Andrew Borrok …

sgtlaw.com

$2
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UnitedHealthcare To Pay Millions To Customers: How To Claim A …

3 weeks from now

4 days ago  · UnitedHealthcare has agreed to a $2.5 million settlement in a class action lawsuit affecting just over 12,000 individuals. The lawsuit alleges UnitedHealthcare made …

newsweek.com

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Lawyers Seek $754 Million In New Blue Cross Antitrust Settlement

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2 days ago  · Plaintiffs' lawyers behind a pending $2.8 billion class action antitrust settlement with Blue Cross Blue Shield on Sunday asked a federal judge in Alabama for more than $754 …

reuters.com

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UnitedHealthcare Class Action Settlement: Who Is Eligible, How To File

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1 day ago  · UnitedHealthcare has agreed to pay a $2.5 million settlement as a resolution to a class action lawsuit that claims the company made unauthorized telemarketing calls in …

usatoday.com

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SGT Announces $145 Million Class Action Settlement For AllianzGI …

3 weeks from now

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 in a series of …

sgtlaw.com

$145
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Pensions & Investments: Pension Fund, Other Shareholders Reach …

3 weeks from now

Nov 3, 2022  · Pension & Investments recently reported on an SGT court filing which revealed that Allianz Global Investors has reached a $145 million settlement with the Knox County Pension …

sgtlaw.com

FAQs about Court Approves $145 Million Class Action Settlement for AllianzGI ... Coupon?

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 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. ...

Why did Allianz Global Assistance settle a class action complaint?

In order to address allegations that it illegally charged an assistance fee for travel and event protection plans sold through airline carriers and event ticket dealers, Allianz Global Assistance (AGA) consented to a $19.75 million settlement of a class action complaint. ...

How much will Allianz pay to resolve a class claim?

Under the Settlement, Allianz will pay $7,500,000 into a Qualified Settlement Fund to resolve the claims of the Class. ...

Will Allianz pay $170 million W Thout admission of liability?

terms that Allianz will pay $170 million (Settlement Sum) w thout admission of liability. The Court must approve the settlement for it to take effect. The Court will need to decide hether the proposed settlement is fair and reasonable in the interests of the group members.The Court ...

Did Allianz agree to a settlement?

The Court has not reached a final decision as to the claims. Instead, the Named Plaintiffs and Allianz have agreed to the Settlement. The Settlement is the product of negotiations between the Named Plaintiffs and their counsel, and Allianz, and their counsel. ...

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