September 06, 2018
A Massachusetts federal judge said Wednesday the bankruptcy trustee for F-Squared Investments Inc. can't claim a $7.7 million insurance payout for the legal fees it spent during the investigation that helped bring it down, saying the probe started before the policies kicked in.
February 28, 2018
Zurich American Insurance Co. on Wednesday asked a Massachusetts federal court to find it does not owe F-Squared Investments Inc. up to $5 million in additional coverage for the U.S. Securities and Exchange Commission action that bankrupted it, saying the case clearly started before the Zurich policy kicked in.
November 13, 2017
The Chapter 11 trustee of F-Squared Investments Inc. on Friday said a pair of excess insurers owe it $7.7 million for the costs the firm ran up defending against the U.S. Securities and Exchange Commission action that bankrupted it, arguing the insurers are wrongly claiming the SEC probe started the day before the policies went into effect.