Welcome to the Mutual Fund Investment Litigation —

Allianz Dresdner Sub-Track Information Website

Case No. 1:04-MD-15863-JFM

On Monday, April 21, 2014, the distribution of the Net Settlement Fund in the In re Mutual Funds Investment Litigation — Allianz Dresdner Sub-Track began. Distribution checks were mailed to Authorized Claimants pursuant to the Court-approved Plan of Allocation and in accordance with the Court’s Order Authorizing Distribution of Settlement Funds in the Allianz Dresdner Sub-Track dated August 20, 2013. Pursuant to that Order, distributions were made to Authorized Claimants if the Authorized Claimant’s pro rata share of the Net Settlement Fund was more than $10.00. If you have any questions regarding your distribution in this matter, please contact the Claims Administrator at (800) 243-8544.

On February 20, 2004, the first in a series of securities class action complaints was filed against Allianz Dresdner Asset Management of America L.P. (n/k/a Allianz Global Investors of America L.P.), and related entities alleging market-timing and late trading in the mutual funds in the Allianz Family of Funds in violation of the federal securities laws. Plaintiffs asserted, among other things, that defendants allowed certain investors to take advantage of short-term inefficiencies in the pricing of the Allianz Funds, at the expense of long-term investors and, ultimately, the Allianz Funds themselves. On February 20, 2004, the Judicial Panel on Multi-District Litigation issued an order centralizing all of these actions in one multi-district docket in the United States District Court for the District of Maryland under the caption MDL-1586 — In re Mutual Funds Investment Litigation (the MDL Actions).

The defendants continue to deny each and all of the claims and contentions alleged by the Plaintiffs in the actions.

The proposed settlement of the Mutual Funds Investment Litigation Allianz Sub-Track resolves the claims asserted in both the securities class action and in the derivative action and provides for a collective payment of $9.75 million from the Allianz Defendants, and $862,500 from a number of other defendants. For more information regarding the breakdown of this payment or further details regarding the settlement with specific groups of defendants, please review the Notice of Pendency and Proposed Settlement of Class Action. By Order dated April 26, 2011, the Honorable J. Frederick Motz granted final approval of the settlement of the Mutual Funds Investment Litigation Allianz Sub-Track.

If you purchased or held shares in any one of nine mutual funds in the Allianz Family of Funds advised or managed by Allianz Dresdner Asset Management of America L.P. or its successors during the period from February 23, 1999 to February 17, 2004, inclusive, you may be eligible to receive a payment from the settlement. A list of the nine mutual funds is available here. Please review the Notice of Pendency and Proposed Settlement of Class Action. to see if you purchased or held shares in the mutual funds at issue in the settlement of the class action.

Certain Class Members held shares of the Funds through intermediary accounts (Omnibus Accounts) managed by third party institutions (Omnibus Account Providers). Class Members who received their account statements from a financial intermediary or advisor, including a broker, dealer, or other financial intermediary (Omnibus Sub-Account Holders) were required to submit a Proof of Claim form (Proof of Claim), in order to be eligible for a payment from the Settlement Fund. The deadline to submit a Proof of Claim and Release Form has passed. Any Proof of Claim submissions sent after the deadline will not be considered as a recognized claim in this settlement. Class Members who held shares directly through Allianz Funds, meaning they received account statements directly from the Allianz Funds were not required to submit a Proof of Claim in order to receive payment from the Settlement Fund.

Disclaimer

Please do not contact either Allianz Global Investors of America L.P. (“AGI”), other Allianz-related entities, or the Court about this Settlement. Any and all callers will be directed to this website. If you have questions, please refer to the FAQs and the other instruments posted here.

This site is not operated by AGI. This class action settlement is supervised by the Court and is administered by a claims administration firm that handles all aspects of claims processing. Please direct all website questions to the Claims Administrator.