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A pension fund for teachers in Arkansas has settled with Allianz and dropped its lawsuit over losses in a multibillion-dollar trading debacle at the
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Raytheon Technologies and Blue Cross Blue Shield's national benefits committee dropped suits against AllianzGI after reaching settlements.
The Arkansas Teacher Retirement System will net $507.4 million out of a $642.8 million settlement of a lawsuit that it filed against an investment manager, the system's general counsel said Monday.
A number of big investors on Monday filed to end their lawsuits against Allianz after a settlement was reached over their losses in a multibillion-dollar