April 05, 2013
A Tyco International Ltd. Co. subsidiary said Thursday that a lawsuit filed by National Union Fire Insurance Co. of Pittsburgh, Pa. that alleges Tyco's security system was to blame for an $80 million Eli Lilly & Co. pharmaceuticals theft must fail because the insurer is barred from suing.
March 11, 2013
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. (Correction: A previous version of this story incorrectly stated that Eli Lilly & Co. was a plaintiff in this case. The error has been corrected.)