investigation News
Allianz Fund Managers Under U.S. DOJ Investigation
The U.S. Department of Justice (DOJ) investigation into German insurer Allianz is looking at possible misconduct by fund managers and misrepresentation of risk to investors, three people with ...
Allianz Investment Funds Under Investigation in Germany
German regulators have launched an investigation into the country's biggest financial company, Allianz, after the demise of some of its U.S. investment funds last year, people with direct knowledge ...
Italy Investigating Alleged Automobile Insurer Cartel
Italy's anti-trust watchdog said on Friday it had opened an investigation into an alleged cartel among insurance companies and insurance price comparison companies to limit competition for automobile ...
1000-Plus Twitter Employees Reportedly Had Access to Hack-Worthy Tools
More than a thousand Twitter employees and contractors as of earlier this year had access to internal tools that could change user account settings and hand control to others, two former employees ...
Argo Group Slapped With SEC Subpoena Regarding Executive Compensation
Argo Group International Holdings Ltd. has been subpoenaed by U.S. securities regulators about perks for its executives and is conducting an internal review. The U.S. Securities and Exchange ...
Two Markel CATCo Execs Depart After Discovery of ‘Undisclosed Personal Relationship’
Markel Corp. said two executives from one of its divisions have departed after an ongoing internal review discovered an "undisclosed personal relationship" between them that violated company ...
Markel Division Draws Attention of U.S., Bermuda Regulators
Markel Corp. disclosed that U.S. and Bermuda regulators are inquiring about loss reserves from one of its divisions. The Virginia-based specialty insurer said that it was initially contacted on Nov. ...
U.S. Treasury Security Mnuchin Seeks Answers From Consumer Bureau on Equifax Breach
U.S. Treasury Secretary Steven Mnuchin on Tuesday said he wants to know how the Consumer Financial Protection Bureau is handling a probe into a hack of credit bureau Equifax Inc after a report that ...