Twin City Should Cover Ex-Exec's SEC Suit, Isilon Says

Law360, New York (August 30, 2010, 3:27 PM EDT) -- Isilon Systems Inc. has accused Twin City Fire Insurance Co. of wrongly failing to cover legal defense costs for an accounting fraud suit the U.S. Securities and Exchange Commission has filed against a former Isilon executive related to the data-storage system company's initial public offering.

Isilon lodged its complaint in the U.S. District Court for the Western District of Washington on Friday, hitting Twin City with claims of breach of contract, breach of the implied covenant of good faith and fair dealing, and violation of the...
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