Insurer Sues Dewey Execs Over Losses On $35M Notes

Law360, New York (December 14, 2012, 10:25 PM EST) -- Aviva Life and Annuity Co. on Friday accused three former Dewey & LeBoeuf LLP executives of lying about the true state of the firm’s finances when it issued $35 million in senior secured notes in April 2010, which resulted in substantial losses for the insurer.

In a lawsuit against former Dewey Chairman Steven Davis, Executive Director Stephen DiCarmine and Chief Financial Officer Joel Sanders, Aviva and Aviva Life and Annuity Co. of New York claim they suffered significant damages as a result of their purchase of...
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Case Information

Case Title

Aviva Life and Annuity Company et al v. Davis et al


Case Number

4:12-cv-00603

Court

Iowa Southern

Nature of Suit

Securities/Commodities

Judge

James E. Gritzner

Date Filed

December 14, 2012

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