Allianz To Pay $251M To Settle Annuities Racketeering Rows

By Michael Lipkin · November 10, 2014, 4:35 PM EST

Allianz Life Insurance Co. of North America has reached a $251 million settlement to end two racketeering class actions alleging it lured 230,000 seniors into buying poorly performing deferred annuities with...

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Documents

Case Information

Case Title

Vida F Negrete v. Allianz Life Insurance Company of North America

Case Number

2:05-cv-06838

Court

California Central

Nature of Suit

Racketeer/Corrupt Organization

Date Filed

September 19, 2005


Case Title

Carolyn Y Healey v. Allianz Life Insurance Company of North America

Case Number

2:05-cv-08908

Court

California Central

Nature of Suit

Racketeer/Corrupt Organization

Date Filed

December 22, 2005