Courts / Dublin / Report

Allianz gets orders against investment firm under investigation

Date
2019-05-28
Stage
Hearing Or Decision
Primary locality
Dublin
County
Dublin

Summary

Allianz secured a High Court injunction against Tessline Ltd, an Irish financial services company under Central Bank warning and Gardai investigation. Allianz alleged Tessline misled customers by presenting falsified insurance documents and social media posts claiming an insurance contract with Allianz, including a video by co‑founder Iain Cameron stating a $1 billion coverage. Allianz said it never insured Tessline and requested removal of the material; Tessline failed to comply, prompting court action. The injunction, granted by Justice Leonie Reynolds, bars Tessline from using or displaying falsified certificates linking Allianz, and from any advertising or promotional activity referencing Allianz or its trademarks. Tessline did not oppose the application. Allianz also sought orders against Google Ireland, Facebook Ireland and Pinterest Europe to remove related content, which were complied with. The case remains an ongoing fraud matter.

Who, what, where, when and why

What: Report matter: Allianz gets orders against investment firm under investigation. Procedural stage: hearing_or_decision

When:

Places mentioned

Court Venue
  • High Court
Residence

Topics

Fraud Stage Hearing Or Decision

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