Bronstein, Gewirtz & Grossman, LLC Notifies Allianz SE (ALIZY … – PR Newswire

NEW YORK, Feb. 1, 2023 /PRNewswire/ — Lawyer Promoting — Bronstein, Gewirtz & Grossman, LLC notifies buyers {that a} class motion lawsuit has been filed towards Allianz SE (“Allianz” or the “Firm”) (OTC: ALIZY) and sure of its officers, on behalf of all individuals and entities that bought or in any other case acquired Allianz frequent inventory between March 9, 2018 and Might 17, 2022, each dates inclusive (the “Class Interval”). Such buyers are inspired to affix this case by visiting the agency’s website:

This class motion seeks to recuperate damages towards Defendants for alleged violations of the federal securities legal guidelines.

The criticism alleges that all through the Class Interval, Defendants made materially false and/or deceptive statements and/or did not disclose that: (1) Allianz didn’t have efficient inside controls; (2) Allianz’s subsidiary was concerned in substantial fraudulent exercise; (3) because of this, Allianz was at an elevated threat of regulatory scrutiny; (4) because of this, Allianz was at an elevated threat of considerable losses and monetary prices; and (5) because of this, Defendants’ public statements had been materially false and deceptive in any respect related occasions. When the true particulars entered the market, the lawsuit claims that buyers suffered damages.

A category motion lawsuit has already been filed. For those who want to evaluate a replica of the Criticism you possibly can go to the agency’s website: or chances are you’ll contact Peretz Bronstein, Esq. or his Legislation Clerk and Shopper Relations Supervisor, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. For those who suffered a loss in Allianz, you have got till April 3, 2023 to request that the Courtroom appoint you as lead plaintiff. Your capacity to share in any restoration does not require that you simply function a lead plaintiff.

Bronstein, Gewirtz & Grossman, LLC represents buyers in securities fraud class actions and shareholder spinoff fits. The agency has recovered a whole bunch of thousands and thousands of {dollars} for buyers nationwide. Lawyer promoting. Prior outcomes don’t assure comparable outcomes.

Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Nathanson
212-697-6484 | [email protected]

SOURCE Bronstein, Gewirtz & Grossman, LLC

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