An Allianz spokesperson declined to comment on the BaFin investigation. Analysts at Berenberg have estimated that the ongoing investigation by the US Department of Justice (DOJ) into the Structured Alpha Funds of Allianz Global Investors could entail a base-case loss of around €3.5 billion, with the potential for a worst-case loss of €6.8 billion. Allianz disclosed on August 1, 2021, that: “subsequent 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 … The sources said the German investigation was currently in a fact-finding phase and involved multiple people, but had picked up pace since Allianz announced the DOJ probe on Aug. 1. Read the full Wall Street Journal article here. For the first time SEC instigated investigations against a foreign company for conduct at companies it has majority … FRANKFURT, (Reuters) – German regulators have launched an investigation into the country’s biggest financial company, Allianz (ALVG.DE), after the demise of some of its U.S. investmen,t funds last year, people with direct knowledge of the matter told Reuters. Allianz disclosed on August 1, 2021 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 … Allianz SE has settled a law suit filed by a group of investors over the failure of the company's US-based Structured Alpha hedge funds, according to a report by Bloomberg. INVESTIGATION ALERT: The Schall Law Firm Announces It Is … The SEC’s press release also states that the three senior portfolio managers continued to lie to SEC staff after they began investigating the matter. Allianz Follows investigations by SEC, DOJ and investor lawsuits Allianz says “absolutely normal process” FRANKFURT, Sept 7 (Reuters) – German regulators have launched an investigation into the country’s biggest financial company, Allianz (ALVG.DE), after the demise of some of its U.S. investment funds last year, people with direct knowledge of the matter told Reuters. Investment adviser Allianz Global Investors US charged with $5 …