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IN RE ALLIANZGI STRUCTURED ALPHA CLASS ACTION LITIGATION
Case Number:
1:20-cv-07154
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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April 27, 2022
Allianz, Investors Ink Deal In Suit Over $1B Virus Crash Loss
Investors in a hedge fund that lost nearly $1 billion during the coronavirus-induced market crash in 2020 have reached settlements resolving their claims that fund manager Allianz Global Investors took extreme risks that caused the fund to collapse, the parties told a New York federal judge Tuesday.
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May 27, 2021
JPML Weighs Mixing Allianz Suits In NY With Sole Calif. Action
The Judicial Panel on Multidistrict Litigation seemed skeptical Thursday when the plaintiff in a California federal court suit against Allianz Global Investors sought a consolidation with more than a dozen similar suits in New York's Southern District.
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September 03, 2020
Allianz Investment Arm Sued Over $1B Loss From Virus Crash
Investors in a hedge fund that lost nearly $1 billion during the coronavirus-induced market crash earlier this year say "extreme risk taking" by fund manager Allianz Global Investors caused the fund to collapse in a proposed class action in New York federal court.