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Thursday / July 7.
HomeTwitterA unit of Allianz SE agreed to pay $5.8 billion and pleaded guilty to fraud after misrepresenting the risk posed by a group of hedge funds that collapsed during pandemic market gyrations.

A unit of Allianz SE agreed to pay $5.8 billion and pleaded guilty to fraud after misrepresenting the risk posed by a group of hedge funds that collapsed during pandemic market gyrations.