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Rivera, et al. v. Allstate Insurance Company
Case Number:
1:10-cv-01733
Court:
Nature of Suit:
Judge:
Firms
Companies
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July 20, 2016
Ex-Allstate Workers Seek Punitive Damages After $27M Verdict
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.
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June 24, 2016
Ex-Allstate Workers Win $27M Verdict In Defamation Row
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.