sec whistleblower attorneys
September 16, 2019
AST Investment Services Inc., PGIM Investments LLC
Financial Fraud
SANCTION AMOUNT: $32600000
Defendants: AST Investment Services Inc., PGIM Investments LLC
Respondents, investment adviser subsidiaries of Prudential Financial Inc., agreed to settle charges that they failed to disclose conflicts of interest arising out of reorganizations of 94 insurance-dedicated mutual funds they advised and made misleading disclosures to the funds' boards.
- Key Docs
- Official SEC press release
