The 11-count lawsuit, filed Thursday in Manhattan federal court, claimed that Allianz SE and its subsidiary Allianz Global Investors U.S. in early 2020 abandoned a core hedging strategy meant to protect against market downturns and volatility.
March 04, 2022 at 05:11 PM
3 minute read
Lawyers from Wilson Sonsini Goodrich & Rosati have accused a German asset management company of pursuing a risky investment strategy that caused J. Paul Getty Trust to lose more than $71 million it invested.
The 11-count lawsuit, filed Thursday in Manhattan federal court, claimed that Allianz SE and its subsidiary Allianz Global Investors U.S. in early 2020 abandoned a core hedging strategy meant to protect against market downturns and volatility.
Presented by BigVoodoo
The New York Law Journal honors attorneys and judges who have made a remarkable difference in the legal profession in New York.
Law firms & in-house legal departments with a presence in the middle east celebrate outstanding achievement within the profession.
The premier educational and networking event for employee benefits brokers and agents.
A large and well-established Tampa company is seeking a contracts administrator to support the company's in-house attorney and manage a wide...
We are seeking an attorney to join our commercial finance practice in either our Stamford, Hartford or New Haven offices. Candidates should ...
We are seeking an attorney to join our corporate and transactional practice. Candidates should have a minimum of 8 years of general corporat...
MELICK & PORTER, LLP PROMOTES CONNECTICUT PARTNERS HOLLY ROGERS, STEVEN BANKS, and ALEXANDER AHRENS
Allianz Global Investors in Frankfurt Germany. Photo: Tobias Arhelger/Shutterstock
