CORRECTED: Insurer Says Cracked Security System Led To $80M Lilly Theft

Law360, New York (March 11, 2013, 7:21 PM ET) -- An insurer for Eli Lilly & Co. sued Tyco International Ltd. Co.'s security services unit in Connecticut federal court Monday, blaming a compromised security system for the 2010 theft of approximately $80 million in pharmaceuticals from Lilly's Connecticut distribution facility.

National Union Fire Insurance Co. of Pittsburgh, Pa., claims Amaury and Amed Villa had "unique and confidential" knowledge of the security system and its components at the drugmaker's distribution center in Enfield, Conn., allowing them to allegedly infiltrate the warehouse without triggering the security monitoring system...
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