This is an on going investigation against Allianz Life Insurance Company of North America which has led to the filing of related lawsuits by numerous consumers who allege they were misled by Allianz Life Insurance Company of North America. In this litigation, we allege that the agents of the insurance company engaged in misleading sales practices to induce persons age 65 or older to purchase deferred annuities. These deferred annuities have very little benefit to consumers over 65, but do pay a wonderfully large premium to the agent selling the annuity.
Name (Stock Symbol)
Allianz Life Insurance Company of North America
Allianz Life Insurance Company of North America provides fixed and variable annuities, life insurance policies, and long term care insurance products in the United States. It is a wholly owned subsidiary of Allianz Group.
The information provided on ClassAdvocate.com is general in nature,
does not apply to any particular factual situation, and is not and
should not be taken as legal or other professional advice. We make no
commitment or warranty that the factual, legal or any other information
on ClassAdvocate.com, or on any linked website, is accurate, complete,
error-free, or current. As such, you should not rely on such information,
and should seek professional advice if and as you determine appropriate.
ClassAdvocate.com is not a lawyer referral service, and no attorney-client
or confidential relationship is or should be formed by use of the site.
The investigations listed on ClassAdvocate.com are attorney advertisements
and do not in any way constitute a referral or endorsement by ClassAdvocate.com
or any approved or authorized lawyer referral service.