Ex-Allianz Manager’s Legal Fight Tests DOJ White-Collar Strategy

A former Allianz SE executive’s accusations of attorney betrayal to prosecutors highlight potential pitfalls of the Justice Department’s push to convince corporations to turn in employee wrongdoers.

The particular circumstances in Gregoire Tournant’s case are rare, involving allegations of improper collusion between the government and his then-lawyers from two Big Law firms.

The attorneys were simultaneously representing Allianz and Tournant in his personal capacity, all on the same matter, according to the ex-hedge fund manager’s new counsel, who is seeking to get the fraud charges tossed due to prosecutors’ alleged reliance on unlawfully obtained evidence.

The balancing act required when ...