Law360, New York (February 06, 2009) -- American National Insurance Co. and certain of its affiliates have sued former Lehman Brothers Holdings Inc. officers, directors and underwriters over $21 million they lost as a result of the bankrupt investment bank's subprime exposure.
In a complaint filed Thursday in the U.S. District Court for the Southern District of Texas, the insurance company claims the defendants actively concealed the risk Lehman faced as the...
