July 20, 2016
Four Allstate equity traders fired over their desk's alleged trade-timing moved Tuesday to extract punitive damages from the insurance giant after winning a $27 million defamation verdict in Illinois federal court that the company is fighting to reverse.
June 24, 2016
An Illinois federal jury has awarded four former Allstate Insurance Co. employees about $27.1 million in litigation claiming the company defamed them and violated the Fair Credit Reporting Act during an investigation into their division's trading practices that led to their termination, according to Thursday court filings.