A U.S. investment arm of Europe’s largest insurer, Allianz SE, has pled guilty to securities fraud. The firms will pay roughly $6 billion in penalties and restitution for investors who suffered losses when some of the subsidiary’s hedge funds tanked during the March 2020 market selloff.
This content is for Members and registered Observers only
Members have full access to all articles and related content from past Compendium and Starling's regular updates and reports.
Observers can access a limited number of articles and may purchase articles on an ala carte basis.
Join The Discussion