Allianz Global Investors US LLC, Allianz of America, Inc. and Allianz SE

Investigation 

Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Allianz Global Investors US LLC, Allianz of America, Inc. and Allianz SE (collectively, “Allianz”) (OTC: ALIZF). The investigation concerns whether Allianz and certain of its officers and/or directors have violated federal securities laws.

 

AllianzGI Structured Alpha U.S. Equity 250 LLC, AllianzGI Structured Alpha Global Equity 350 LLC, AllianzGI Structured Global Equity 500 LLC, and Allianz GI Structured Alpha Global Equity 1000 LLC (collectively, the “Alpha Funds”) were a group of investment vehicles market by Allianz Global Investors US LLC, Allianz of America, Inc. and Allianz SE (collectively, “Allianz”).  The Alpha Funds’ marketing materials advised investors that the funds provided investors with downside protection and possible upside in both bull and bear equity markets, and in times of both high and low volatility, representing, among other things, that the funds’ investment strategies would serve to “protect the portfolio in the event of a market crash/closure” and were “laddered for various market outcomes to the downside, ensuring protection in a wide range of negative scenarios.  In late February 2020, equity markets experienced a violent correction and volatility surge, and all of the Alpha Funds experienced significant losses, underperforming their targeted benchmarks by up to almost 20%.  These losses brought out previously undisclosed conflicts of interest between Allianz and investors in the Alpha Funds, which let Allianz to act in its own interests by directing the Alpha Funds into investment allocations that were contrary to the funds’ mandates and exposed the funds’ investors to significant risk.

 

If you are aware of any facts relating to this investigation, or purchased Allianz shares, you can assist this investigation by visiting contacting the firm. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484. 

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique.  Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients.  In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm’s expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.

© 2020 Bronstein, Gewirtz & Grossman, LLC

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BG&G is not affiliated to any of these companies. All respective trademarks are owned by the respective companies.