Brecek & Young Sues For Coverage Of NASD Case

Law360, New York (October 6, 2009, 6:24 PM EDT) -- Brecek & Young Advisors Inc. has lodged a breach of contract lawsuit claiming that a Lloyd's of London policy should cover the costs of a negligence case filed against it with the National Association of Securities Dealers.

In a lawsuit filed Monday in the U.S. District Court for the District of Kansas, Brecek & Young asked a court to award it damages and declaratory relief for breach of contractual duties under an insurance policy effective from Dec. 1, 2006, to Dec. 1, 2007. Catlin Underwriting Agencies...
To view the full article, register now.