Allianz Aktie Group of Companies is an investment management company.

The original Complaint states that the Plaintiff brings this action as a class action on behalf of investors in mutual funds belonging to the Dresdner Asset Management of America L.P. ("ADAM of America") family of PIMCO mutual funds (the "PIMCO Funds"), and derivatively on behalf of the PIMCO Funds, against the PIMCO Funds investment advisers, their corporate parents and the PIMCO Funds trustees.

Specifically, this Complaint alleges that the Investment Adviser Defendants drew upon the assets of the PIMCO Funds to pay brokers to aggressively push PIMCO Funds over other funds regardless of the best interests of the investors in PIMCO Funds, and that the Investment Adviser Defendants concealed such payments from investors by disguising them as brokerage commissions. Such brokerage commissions, though payable from fund assets, are not disclosed to investors in the PIMCO Funds public filings or elsewhere. The Complaint alleges that by engaging in this conduct, the Investment Adviser Defendants, and the Defendant entities that control them, breached their statutorily defined fiduciary duties under Sections 36(a) and (b) of the Investment Company Act of 1940 and Sections 206 of the Investment Advisers Act of 1940, breached their common law fiduciary duties, and knowingly aided and abetted the brokers in the breach of fiduciary duties to their clients.

The case was ordered consolidated on July 8, 2004, and Plaintiffs filed their Consolidated Amended Complaint on November 19, 2004. Defendants moved for dismissal on February 18, 2005. Two and a half years later, on September 18, 2007, the judge ruled in favor of all Defendants and dismissed the action.