Allianz agrees to $6bn payment in Structured Alpha fraud case
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Allianz agrees to $6bn payment in Structured Alpha fraud case

Jairo Ibarra
May 17, 2022
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Allianz’s asset-management arm Allianz Global Investors (AGI) is to pay $6bn to resolve a fraud scheme case with the US Securities and Exchange Commission (SEC) related to its Structured Alpha fund.

AGI, together with its parent company, agreed to pay more than $5bn in restitution to victims and $1bn to the SEC and the US Department of Justice (DoJ).

The

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Jairo Ibarra
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