May 19, 2022
Allianz SE announces resolution of U.S. governmental investigations concerning Structured Alpha
Allianz Global Investors US and the Allianz Group have agreed to plead guilty and jointly take responsibility for the fraud conducted by three members of the Structured Alpha team who acted in isolation. The US Department of Justice has investigated other parts of AGI US, which has cooperated proactively, and found no other issues.
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