Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2003
Mutual-fund trading scandal
Alliance was accused of permitting improper trading in its mutual funds during the U.S. mutual-fund trading investigations. Two executives left the firm, and the company settled with the Securities and Exchange Commission and New York Attorney General Eliot Spitzer through restitution, penalties, and reduced fees totaling $600 million.