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Continental Says It Can Still Ax Policy Over $2M Ponzi Plot

By Caroline Simson (March 13, 2015, 6:03 PM EDT) -- Continental Casualty Co. told a New York federal court Friday there was good reason to wait seven months before suing to rescind a policy for Marshall Granger & Co. LLP over its ex-executives' $2 million Ponzi scheme, but a former client of the accounting firm said Continental waited too long....

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