New York Supreme Court Justice Andrew Borrok approved the $145 million settlement.
March 13, 2023 at 02:53 PM
2 minute read
The original version of this story was published on New York Law Journal
Allianz Global Investors has agreed to pay a $145 million settlement to a group of investors who claim the mutual fund misrepresented investor risk prior to its collapse.
New York Supreme Court Justice Andrew Borrok on Friday approved the $145 million settlement.
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Allianz Global Investors in Frankfurt Germany. Photo: Tobias Arhelger/Shutterstock
