Allianz SE (ALIZY)
Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Allianz SE (“Allianz” or the “Company”) (OTC: ALIZY). The investigation concerns whether Allianz and certain of its officers and/or directors have violated federal securities laws.
On August 1, 2021, Allianz disclosed that “[s]ubsequent to the litigation pending in U.S. courts in relation to the Structured Alpha Funds against Allianz Global Investors U.S. LLC and other Allianz Group companies and the investigation launched by the U.S. Securities and Exchange Commission (‘SEC’) in 2020, the U.S. Department of Justice (“DOJ”) has begun an investigation concerning the Structured Alpha Funds, and Allianz Global Investors U.S. LLC has received a voluntary request for documents and information from the DOJ.” Allianz stated that “[i]n light of the DOJ investigation and based on information available to Allianz as of today, the Board of Management of Allianz SE has reassessed the matter and has come to the conclusion that there is a relevant risk that the matters relating to the Structured Alpha Funds could materially impact future financial results of Allianz Group.” On this news, Allianz’s stock price fell sharply during intraday trading on August 2, 2021.
If you are aware of any facts relating to this investigation, or purchased Allianz shares, you can assist this investigation. 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.