May 17, 2022 Department of Justice Press Releases Three Portfolio Managers And Allianz Global Investors U.S. Charged In Connection With Multi-Billion Dollar Fraud Scheme
Germany’s Allianz and its U.S. funds troubles FRANKFURT (Reuters) – Germany’s Allianz has agreed to pay about $6 billion and its U.S. asset management unit will plead guilty to fraud after a group of its multibillion investment funds collapsed…