Allianz SE (OTC Pink: ALIZY)

Join This Class Action

NEW YORK, NY –  February 10, 2023 – Wolf Haldenstein Adler Freeman & Herz LLP announces that a federal securities class action lawsuit has been filed in the United States District Court for the Central District of California behalf of a class consisting of all persons and entities other than Defendants that  purchased or acquired the American Depositary Receipts (“ADR’s”) of Allianz SE (“Allianz” or the “Company”) (OTC Pink: ALIZY) between March 9, 2018 and May 17, 2022, inclusive (the “Class Period”).

All investors who purchased shares and incurred losses are  advised  to contact the firm immediately at or (800) 575-0735 or (212) 545-4774. 

If you have incurred losses, you may, no later than April 3, 2023, request that the Court appoint you lead plaintiff of the proposed class. Please contact Wolf Haldenstein to learn more about your rights.

On February 17, 2022, Allianz announced that “in light of current discussions with U.S. governmental authorities, Allianz today decided to book a provision of EUR 3.7 billion in the financial statements 2021.” On this news, Allianz’s ADR price fell $0.98 per share, or 3.8%, to close at $24.33 per ADR on May 18, 2022.

Then, on March 4, 2022, Allianz filed its annual report for the year 2021, which stated that “[u]pon request from the U.S. Securities and Exchange Commission (SEC), AllianzGI U.S. has provided substantial information to the SEC in connection with an SEC investigation of the Funds, and Allianz is fully cooperating with the SEC’s ongoing investigation. In addition, the U.S. Department of Justice (DOJ) is continuing its investigation concerning the Funds, and AllianzGI U.S. is also fully cooperating with the DOJ in the investigation and is continuing its own review of the matter.” On this news, Allianz’s ADR price fell by more than 4%.

Finally, on May 17, 2022, the SEC issued a press release entitled “SEC Charges Allianz Global Investors and Three Former Senior Portfolio Managers with Multibillion Dollar Securities AFraud.” That same day, the Department of Justice issued a press release entitled “Three Portfolio Managers And Allianz Global Investors U.S. Charged In Connection with Multibillion-Dollar Fraud Scheme.” On this news, Allianz’s ADR price fell 2.6% the next full trading day.

Wolf Haldenstein has extensive experience in the prosecution of securities class actions and derivative litigation in state and federal trial and appellate courts across the country.  The firm has attorneys in various practice areas; and offices in New York, Chicago and San Diego.  The reputation and expertise of this firm in shareholder and other class litigation has been repeatedly recognized by the courts, which have appointed it to major positions in complex securities multi-district and consolidated litigation.

If you wish to discuss this action or have any questions regarding your rights and interests in this case, please immediately contact Wolf Haldenstein by telephone at (800) 575-0735 or via e-mail at


Wolf Haldenstein Adler Freeman & Herz LLP

Patrick Donovan, Esq.

Gregory Stone, Director of Case and Financial Analysis

Email:, or

Tel: (800) 575-0735 or (212) 545-4774

Certification and Authorization Pursuant to Federal Securities Laws

  • The individual or entity listed below requests Wolf Haldenstein Adler Freeman & Herz LLP to file an action or motion for appointment as lead plaintiff and lead counsel under the federal securities laws to recover damages and to seek other relief against Allianz SE (OTC Pink: ALIZY). Wolf Haldenstein Adler Freeman & Herz LLP will not do so until you complete a retainer agreement authorizing us to prosecute the action on a contingent fee basis.

  • I, individually or on behalf of the entity I represent ("I"), hereby certify as follows:

    1. I have reviewed the complaint and authorize the filing of a lead plaintiff motion or action on my behalf.
    2. I did not acquire the security that is the subject of this action at the direction of the Firm or in order to participate in this private action or any other litigation under the federal securities laws.
    3. I am willing to serve as a representative party on behalf of a class, including providing testimony at deposition and trial, if necessary.
    4. I represent and warrant that I am fully authorized to enter into and execute this certification.
    5. I will not accept any payment for serving as a representative party on behalf of the class beyond my pro rata share of any recovery, except such reasonable costs and expenses (including lost wages) directly relating to the representation of the class as ordered or approved by the court.
    6. I have made no transaction(s) during the Class Period in the debt or equity securities that are the subject of this action except those set forth below:
  • Type of SecurityBuy Date (mm/dd/yy)# of SharesPrice per Share 
  • Type of SecuritySell Date (mm/dd/yy)# of SharesPrice per Share 
  • Reset signature Signature locked. Reset to sign again
    Signed pursuant to California Civil Code Section 1633.1, et seq. - and the Uniform Electronic Transactions Act as adopted by the various states and territories of the United States.

Date of signing: 03/28/2023