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US Department Of Justice: Three Portfolio Managers And Allianz Global Investors U.S. Charged In Connection With Multibillion-Dollar Fraud Scheme - Gregoire Tournant, Chief Investment Officer Of Allianz Global Investors U.S.'S Structured Products Group, And Two Others Charged With Fraud Offenses

<p><span>An indictment was unsealed today in the Southern District of New York charging Gregoire Tournant, the Chief Investment Officer and co-lead Portfolio Manager for a series of private investment funds managed by Allianz Global Investors U.S. LLC (AGI), with securities fraud, investment adviser fraud and obstruction of justice offenses in connection with a scheme to defraud investors. Those funds ultimately collapsed, leading to billions of dollars of investor losses. Tournant s...
United States New York New Jersey Berkeley Heights Damian Williams Lorettaa Preska

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Hayward (NYSE:HAYW) Downgraded by Zacks Investment Research to Hold

Zacks Investment Research lowered shares of Hayward (NYSE:HAYW – Get Rating) from a buy rating to a hold rating in a report published on Wednesday, Zacks.com reports. According to Zacks, “Hayward Holdings Inc. is a designer, manufacturer and marketer of a broad portfolio of pool equipment and associated automation systems. The company’s brand portfolio includes […]
United States Lesley Billow Robertw Baird Hayward Holdings Inc Morgan Stanley Credit Suisse Group

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